Merc Owner 2B
MB Enthusiast
For those that require the finances and numbers behind solar PV they are represented on this industry standard calculator.
Solar PV (Photovoltaic) Feed-In Tariff Calculator - Discover how much a Solar PV System costs to install and the payback profits from the Feed In Tariff
Punch in your details and you will see an average 7-8 yrs payback based upon some very modest estimations of future energy prices. Those in the know expect far higher future energy costs.
Anyone quoting for your business should have done this and provided the printouts.
If you are staying in your home for longer than the payback time you WILL SAVE money. Until then it's a case of paying upfront for your electricity!
There are many efficiency standards of panel and several different types of inverter available (again different efficiencies)
Companies bidding for your work may well use the cheapest gear so beware.
You MUST ask what make of panels and inverter they are using and have it specified in their quotes. Then go online and do your homework
Solar PV (Photovoltaic) Feed-In Tariff Calculator - Discover how much a Solar PV System costs to install and the payback profits from the Feed In Tariff
Punch in your details and you will see an average 7-8 yrs payback based upon some very modest estimations of future energy prices. Those in the know expect far higher future energy costs.
Anyone quoting for your business should have done this and provided the printouts.
If you are staying in your home for longer than the payback time you WILL SAVE money. Until then it's a case of paying upfront for your electricity!
There are many efficiency standards of panel and several different types of inverter available (again different efficiencies)
Companies bidding for your work may well use the cheapest gear so beware.
You MUST ask what make of panels and inverter they are using and have it specified in their quotes. Then go online and do your homework