Solar Panels In Scotland Worth It

In the scheme s early days a system this size would have cost 10 000 12 000.

Solar panels in scotland worth it.

This is based on installing solar power for a home of around four people. This scheme awarded homeowners a generous sum of money for installing solar panels if successful applicants could receive up to 30 of the cost of installation worth up to 4 000. Yearly savings on the electricity bill are of around 140 a yea r whereas exporting electricity can generate another 600 a year. Since solar panel payments ended the only way to recoup the outlay is electricity savings on your bill.

How much does the solar panel system cost. This is based on 5kw of power. However after 2010 the grant was scrapped and replaced with the home energy scotland loan. While cheap solar panels might feel like the easiest way to save some cash your total 20 year savings will often be higher if you invest in high quality equipment.

Installation prices will vary significantly depending on the solar company you choose and the equipment you install. This helpful table below courtesy of green match can help you see the rough costs of installing solar panels and the savings you can make. Electricity savings for solar panels installed at any time. Owning a solar system can s ave you a lot of money in the long run which offsets the initial cost of the solar panels.

The price of a typical solar panel system including installation is about 6 200. Consider solar if you have a high utility bill live in a prime location and qualify for tax breaks or other savings.