The government subsidy in the form of the Feed in Tariff may have reduced but the returns and value offered by a domestic solar PV array are still much more than the majority of bank accounts. Homeowners are still very keen to save £600-£800 a year on their electricity bills and make the most of the remaining funding whilst it is on offer.
With payback times of 8-10 years and a typical return on investment of 11% per annum, solar still makes sense!
Our recent installation in Somerset was ideally suited to solar, the roof of the bungalow was due South and at 35 degree pitch. The panels are set to generate almost 4000 kWh (units of electricity) each year, prioritised for the house to use first, providing free electricity.
For more information please call us on 01823 480905