Here are 10 things that you need to know. It’s about light, not heat. It can be overcast and the panels still generate electricity. In summer you generate more money because the days are longer and brighter but even in the winter your panels still work for you. Solar panels are suitable for the vast majority of homes and businesses across the whole of the U.K.
As long the roof is structurally sound. Electricity is created by the solar panels during daylight hours. The electricity is not ‘stored’ in batteries. It’s a boiler sized device called an inverter that converts the energy from the panels so it can be used. The inverter is usually fitted in your loft or garage. Here’s how you make money and you save money.
You are paid by your electricity supplier for every unit you generate. The amount you are paid for each unit is called the ‘generation tariff’. Whilst you’re producing electricity during daylight hours you are allowed to use as much of it as you want for FREE! Electricity that you generate but don’t use, you export back to the grid. You get paid for this too! This is called the ‘export tariff’. Whenever your panels are not generating enough electricity for your home or business.
You draw electricity from the grid as normal. Your generation tariff and export tariff are set and paid under the government’s feedin tariff (FIT) scheme. Your tariff rates are guaranteed in UK law for 20 years. They are also index linked, which means they go up in line with inflation. You receive your income every 3 months, into your bank account or by cheque, whichever suits you. It’s paid by an electricity provider of your choice from the Ofgem list.
You will still receive an electricity bill for the electricity you draw from the grid. After 20 years the tariffs will stop being paid, but the electricity you generate can still be used for free. Panel manufacturers guarantee panel performance for 25 years and estimate their lifespan at 40+ years. There’s a 5 year manufacturer’s guarantee on inverters and we give a 5 year guarantee on our workmanship. Extended warranties are available too. Solar panels increase the value of your property.
Solar Panels Solar for your business Tutorial 55 solarwindheat
Solar for your business There are 3 huge benefits to your business when you install electricity generating solar panels: 1.It’s an additional income stream which generates a very healthy 1014% R.O.I. 2.It reduces overheads costs and protects you from escalating energy bills. If you’re a big user of electricity during daylight hours, the savings will be very significant. 3.It reduces your carbon footprint and improves your green credentials.
And here are a few other things that you need to know: The advantage of business installations is that there’s usually more space to install more panels which generates more income. You don’t need planning permission, although permission from your council may be required if your building is listed or in a conservation area. If permission is needed then we can provide assistance.