Last updated: April 3rd, 2024 at 07:46 am
After the recent increase in energy bills, every UK homeowner keen to find ways to lower their costs, especially considering the significant 36% rise in domestic energy costs over the last decade. One excellent way to tackle high bills is by switching to solar energy, which is affordable, cheaper and renewable. Solar PV systems can save homeowners up to 70% on their energy bills, and that too with a reasonable and affordable investment.
The advantages of installing a solar PV system go beyond just financial savings. It’s a clean energy source that produces no carbon emissions, which is great for the environment. Solar Panels System can also increase the value of your home and position you as someone contributing to a more sustainable future for generations to come.
Savings are often the main aspect people consider when planning to install solar energy. However, there are several other factors you should also keep in mind. Today, let’s discuss them.
How Does Solar Panels Work?
Every user must know how solar energy works because understanding the process helps us grasp how solar energy can maximize savings on your energy bills in the UK. So, if we simplify the process, the principle behind solar panels is straightforward. Solar panels are installed either on the roof or on the ground. Solar panels consist of photovoltaic cells. When sunlight hits the solar panels, the photovoltaic cells absorb the sunlight and convert it into direct electricity. Then, an inverter converts this generated power into alternating electricity for use with home appliances or for storage purposes.
This way, solar energy helps homeowners reduce their reliance on grid power by running most of their home appliances with solar power, thereby saving on their energy bills. Now, you’re using power produced by a renewable source and requiring less power from the grid. Plus, you can also store the extra electricity produced in batteries if you don’t want to sell it back to the grid.
Are Solar Panels Worth It?
The answer is simple and straightforward: yes! Solar panels are worth it for homes in many ways. They are the best and most readily available source to save money on energy costs and also contribute positively to the environment. While you might encounter some drawbacks such as the upfront cost and dependency on weather conditions, the long-term savings and the panels’ ability to generate energy even during cold and snowy weather make them even more worthwhile.
As long as you stay in the same house and install a system that meets your energy requirements, you will continuously reap the benefits. Before installing a solar system and making it more worthwhile for you, consider your home’s energy needs, the size of the solar system required, and available financial incentives or rebates.
How Much Can You Save With Solar Panels?
A home with solar panels on its roof can save up to 70% on its energy bills in the UK. These numbers show that despite the high investment, solar energy is a great way to cut down on electricity bills. However, when it comes to the actual savings, it depends on multiple factors such as the system size, the number of sunlight hours your place receives, and the per unit energy cost in your area.
On average, a home that installs a 4kW solar system can annually save £840. Additionally, if your daytime energy consumption is low and your system produces more energy than you use, you can send the extra electricity back to the grid through the SEG tariff and save even more.
Do Solar Panels Increase the Value of My Home?
The most recent National Home Energy Survey, conducted by the Eco Experts, reveals that over 60% of people in the UK are interested in purchasing homes with solar panels installed on the roof. This heightened interest from potential buyers can significantly boost the value of your home, increasing it by up to 4%. Having your own electricity source not only appeals to environmentally conscious buyers but also attracts those willing to pay a premium compared to homes without solar panels.
Currently, there is a surge in demand for solar panels, driven by home-buyers who are increasingly environmentally aware and cost-conscious. This growing demand often translates into higher home values for properties with solar panels. However, the extent of the increase will vary depending on your location and the quality of the solar panel installation.
Summary
The rise in energy bills is never welcomed by homeowners, as a significant portion of their savings ends up being spent on paying those bills. In such circumstances, having a reliable and cost-effective energy solution becomes a top priority for every homeowner. Solar energy, with its ability to potentially save homeowners up to 70% on their energy bills through the installation of a Solar PV system, increase home value, attract more customers and contribute to a sustainable environment, emerges as the best alternative source of energy. Ready to harness the sun’s energy for your home? Let MAK Energy guide you through the process! With our years of experience in installing solar PV solutions for all kinds of homes, we’re offering you a free quote and a complimentary online survey. Get in touch with us today by filling out the form or giving us a call. Let’s make your solar dreams a reality!
