Solar panels are at the forefront of renewable energy generation across the globe. From small-scale domestic solar panel set-ups through to sprawling commercial solar panel installations – the sun’s rays are being harnessed to create free electricity without negatively impacting upon the environment.
When it comes to solar panels in the UK, there is an added incentive to investing in solar panel installation – the feed in tariff system. This states that those who produce their own power through renewable means earn money for every unit they generate – whether they use it or sell it back to the national grid. Although changes were made to the feed in tariff from February 2016, the system still makes solar panel not only an environmentally ethical investment but also one which yields a return on investment with virtually zero risk.
Morton Fairview provides eligible homeowners with an exciting array of opportunities and advantages. Governmental initiatives, economic trends and the nature of the UK property market all work in favour of those who choose to invest in domestic solar panels and give rise to the following benefits:
Reduced Energy Bills
One of the most obvious upsides to the installation of domestic solar panels is the savings on energy bills as a consequence of using power from home solar panels as opposed to electricity drawn from the grid. Dependent upon the size of the solar panel installation, orientation of the roof and level of sunlight, a home solar panel system is capable of providing at least 50% of the electricity a household uses in a year.
Through the feed in tariff (FiT) there is a government subsidy available for solar energy generated and this can reduce the overall cost of the solution.
Carbon Footprint Reduction
By opting for a domestic solar panel system you are lowering your reliance upon electricity produced by the combustion of fossil fuels. As the electricity produced by solar panels results in the release of no emissions of any sort; deriving power from a home Solar PV system dramatically reduces your carbon footprint.
Increased House Value
Much like the fitting of a new bathroom or kitchen, home solar panels are a valuable addition to a home which can have a positive impact upon resale value. Provided the solar panels were bought outright by the homeowner and the relevant paperwork filled in – the prospective purchaser stands to benefit from the energy savings and additional income if they buy the house.
If you would like to find out more about any aspect of home solar panels then please don’t hesitate to get in touch with our expert team on 0208 646 3989.