Solar Panels Installers
Install solar panels – Will I lose money?
Install solar panels – Will I lose money?
Most major home improvements add value to your home. Read on and see how a solar panels have a impact on your home and your energy costs.
Do not move – Extending Carry Out & Renovations
This is seems to be the current theme, as there has been a huge increase in the number of planning applications for major home improvements, including installation solar panels in the past year.
Now that home prices have stabilized, we can start looking at our property As a new home rather than an investment to be thrown when the price is right.
Solar panels - Are they worth it?
About time if you had asked this question a few years ago, the answer was a resounding yes as you would defiantly lose a little money, but times have changed and now the shoe seems to be on the other foot.
To start let's take a look at the price of energy to see what direction they went in the last ten years. It is a task easy enough that anyone with half a brain can see that energy prices have increased dramatically each year and is now cost an arm and a leg to make quarterly payments of energy.
Now look at another important factor is obviously the price solar panels. How do you think they compare with 10 years ago? Again, a fairly simple as installing solar panels 10 years ago would have you save £ 30,000 or more while the average cost of installing solar panels today comes in around £ 12,000.
Pay period pack for solar panels
So much written about the payback on installing solar panels and almost all of it points to a loss of money for the owner as it used to take as much time to recover money through energy savings.
However, times have really changed and given that energy costs increased substantially now you are saving much more than a few years ago. To make it even better solar panels have fallen into the market for mass production and costs have fallen dramatically allowing us to have a lot of solar panels cheaper to install and save a much higher amount each year.
Work It Out For Yourself
Ok, so let keep it simple here. If the average cost of installation is £ 12,000 and the average annual energy cost of electricity and gas for a house with three bed is in the region of £ 2500, you can see that the return on investment period is now about 5 years.
As the life of a solar panel installation is a minimum of 20 years and up to 40 years, you could take an average installation time 30 years at the base of your calculations.
When you look at the price of energy for the future, you can also see that they will only a direction that is of course to the sky if the savings are actually going to be much larger as the years pass.
Based on an average of solar panels for a house three bed to £ 12 000, an average fuel cost of £ 2,500 a year and a lifetime of 30 years for the installation We carry solar panels in an economy at least £ 60 000 or more.
Survey of solar panel installation
So the message is clear, a book investigating whether solar and your home is suitable for installation of solar panels and find the costs involved. You can book a survey and find the best price of solar installers in the UK Top panels solar panels Solar Supermarket.
About the Author
The QFJ Business Club is a relationship building organisation designed for one purpose: to build members businesses. The QFJ Business Club is part of QFJ Media Network.
I am the sole editor for the QFJ Business Club which is a UK business club and write several articles per week for the members and public areas of the site. I also write for Architects Supermarket which is the UK leading Architects cost comparison site.
I am the Managing Director for QFJ Media Limited which is a UK Marketing & Media Platform working in the UK Property & Construction Business Sector.
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