Photovoltaic power generation employs solar panels comprising a number of cells containing a photovoltaic material. Light falling on the panels provides Electricity. This is fed into the Household Electricity system for use within the house, or exported to the grid.
Payback and Feed-in-Tariffs (FITs)
At the moment your energy provider will pay £0.1438p per kWh produced, guaranteed until 2034, this can be used by the household or exported. If used internally it further saves 12-15p for the kWh it replaces.
An average installation costs £7500 for a 4kWp system and produces approximately 3700kWh/year (due South). If you use 50% of the electricity produced then you will save around £270/Year and receive £620 Feed-in-Tariff. So a total of £890/year. If we assume electricity rises by 3%/year and FITs do also we get an 8 year payback of initial capital which is an 10% return on investment.
We only install the best quality panels and equipment so that you can have faith that the equipment we install, will work as expected and, should anything fail within the warranty period, be able to simply get the items replaced, without any problem. We would normally specify the likes of Mitsubishi, Sanyo, Schott and SMA Sunnyboy inverters.
For more informaton on government incentives and energy saving in your home visit,
A well fitted PV system will add value to your property as everyone comes to realise that your house is considerably cheaper to run than an equivalently sized house without a panel system.