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Are Solar Panels Worth The Investment?
Installing solar panels in your home or at your business premises in 2018 will reduce your energy bills and you may be able to earn money from the Feed-in-tariff (FiT) scheme despite recent cuts by the government.
Electricity costs are likely to rise in the future. Therefore, the solar panels that you install in your home giving you free electricity - will protect you against rising energy bills.
How long it takes to see a return on your investment will depend on the size of your installation and the varying rates from the FiT in the next few years but based on an average installation it will take around 14 years to start making a profit on your initial investment.
Properties with solar panels in the South of England have the advantage of longer daylight hours and more sunshine - which will generate more electricity and convert into savings. See the illustration on our feed in tariff page.