Solar panels are becoming increasingly popular, especially in Britain. In 20, only 17 GWh were generated via solar photovoltaic panels. In 2013, 2015 GWh were generated. This huge increase showcases the popularity which solar panels are enjoying for a sheer myriad of reasons. Photovoltaic solar panels should certainly be considered with the benefits that they offer.
Firstly, what is the feed-in tariff? Essentially, the feed-in tariff, introduced in 2010, is a subsidy from the government received by generating energy. For each kWh of energy produced by your household, the government pays 14.8p, no matter whether you actually use the electricity yourself or not. However, you will receive an extra 4.6p if the energy generated is, in turn, sold back to the National Grid. These payments are guaranteed for 20 years. In turn, a meter measures the amount of energy generated and, every three months, a rebate is received from the energy company. This offers the potential for a large saving on energy bills, especially considering the extortionate amount to which the average bill has inflated. Another monetary benefit is that, in certain areas of England, certain companies will fit your panels for free, saving you from costly installation fees.
Although solar panels can be a big initial investment, the economic benefits are great. Though the feed-in tariff has been reduced from its initial years, the average payout is £13,000 from the 20 years. This means that you will still earn several thousand pounds simply from installing the system.
Solar power is incredible and if just 0.3% of the world’s land area was fitted with a means of producing it, all of our electricity needs could be fulfilled. This would help eliminate fossil fuels and other damaging means of energy production, allowing for a cleaner and safer world. By utilising solar panels and using them for your energy, you are significantly reducing your carbon footprint. It should be noted that, contrary to popular belief, solar panels don’t require direct sunlight to generate power. They simply require daylight. Even if the weather is overcast, the solar panels will still generate power for the household.
Sadly, solar power remains an underused means of producing electricity. However, the rapid increase of popularity and solar power generation in Britain could bode well for the future. If you’re looking into taking the step towards installing solar photovoltaic panels, please do not hesitate to get in contact with our electricians in Leicestershire so that you can begin generating your own solar energy.