Soldato
need to do what the Germans are doing - providing the kids aren't playing football in the back garden -
ie
Global glut turns solar panels into garden fencing option
No we don’t.
need to do what the Germans are doing - providing the kids aren't playing football in the back garden -
ie
Global glut turns solar panels into garden fencing option
I would only be doing it from a financial point of view as I don't really see micro generation as being that beneficial in the grand scheme of things.What are you expecting on your RoI? Almost everyone I have spoken to have said theirs have actually paid off in under 8 years, some are as low as 5 almost regardless of when they had them installed.
For reference I currently spend less than £70 a month on electricity.
How long it will take to break even
If typical bills fall by 20% (1) Savings based on the Price Cap from 1 April 2024 If typical bills rise by 20% (1) Electricity bill savings (2) Average: £188
(£112 to £276)Average: £235
(£140 to £345)Average: £282
(£168 to £414)Smart export guarantee payment (3) Average: £273
(£220 to £320)Average: £273
(£220 to £320)Average: £273
(£220 to £320)Cost of system (4) £7,000 £7,000 £7,000 Years to break even 16
(15 to 17)14
(13 to 16)13
(12 to 15)Correct as of April 2024. Source: Energy Saving Trust. (1) Electricity bill savings are based on the 1 April Energy Price Cap, in place until 30 June 2024. (2) Savings vary depending on how often you're home, how much electricity you're using and when (we've given the range in brackets above). (3) Based on a rate of 12p per kilowatt hour. (4) Based on a 3.5 kilowatt-peak system.
We use more than that. Favourable Octopus tracker rates probably make it look like we are lighter users than we are.If you are only using 7.5kWh per day then you are a low user, so it'll never look like a wise move to go for a big system.
What you can do is get a setup with a single,/dual panel and an inverter that goes to a normal 3-pin socket, this would cost very little but takes away most of the day light hour base load costs, which for a light user like your self probably make up 1/3 of the bill.
Still only puts you at 10.5kWh per day using the average 17p tracker rate for the past year, inc SC.We use more than that. Favourable Octopus tracker rates probably make it look like we are lighter users than we are.
10.5 kWh sounds about right. I'm surprised we are low users as my wife is home during the week and we don't worry about how often we run the dishwasher, washing machine etc. Tumble dry pretty much everything. I'm not complaining though.Still only puts you at 10.5kWh per day using the average 17p tracker rate for the past year, inc SC.
If the price keeps dropping then you'll be fine, but there are options out there without a big upfront layout, E.on will do you a full install on %0 APR and if you are in the Next tariff pay you 40p per kWh for export, which could net you £1500 to £2000 in a year from an average sized system.