6 quick reasons why you should buy solar panels in the UK
Is it worth buying solar panels in the UK? It’s a question we hear a lot, with people often doubting factors such as whether we get the right level of sunlight – which don’t worry, we do!
Solar panels offer a number of benefits, but their value can vary depending on your location and energy consumption. In this quick guide, we’ll explore the reasons why investing in solar panels a smart choice for many in the UK. We’ll take a look at the financial aspects, environmental impact, and available support to help you make an informed decision.
Table of Contents
1. Reduced Energy Bills
This is certainly one of the primary reasons people consider solar panels, if not the main.
Solar panels generate electricity from sunlight, which you can then use to power your home. As you are using energy generated by the sun, this then offsets the electricity you would otherwise purchase from the grid.
In the UK, where energy costs have more than doubled in the past 5 years and show no sign of decreasing to below energy crisis levels any time soon, this can lead to significant savings over time.
2. Do we get enough sunlight?
In a nutshell, yes. While the UK does have its fair share of grey and cloudy weather, it’s a common misconception that we don’t receive enough sunlight to make solar panels worthwhile.
Solar PV panels are designed to harness the power of sunlight, not heat, which means they continue to generate electricity even on cloudy days. While they are more efficient in direct sunlight, they are far from non-functional in less sunny conditions.
3. Earn Money with Smart Export Guarantee
Previously, the UK Government provided feed-in tariffs (FiTs) that allowed homeowners to earn money by generating excess electricity and selling it back to the grid. This scheme has closed to new applicants.
For new installations, the Government now offers the Smart Export Guarantee (SEG), which ensures you get paid for surplus electricity you export and you essentially earn money from your solar panels.
You can read about the difference between Feed in Tariffs and Smart Export Guarantees here.
Solar panels have a clear return on investment. After the initial cost of the installation, the savings on your energy bills and potential income SEG can result in a return on your investment. Over time, your solar panels can become a long-term source of income and savings.
4. Environmental Benefits
Investing in solar panels in the UK has a big environmental impact. Solar power is clean and renewable, reducing greenhouse gas emissions and our reliance on polluting fossil fuels. By going solar, you contribute to a more sustainable and greener planet for future generations.
5. Increased Property Value
Solar panels can enhance the value of your home. Potential buyers often see them as an attractive feature, knowing they can benefit from reduced energy bills and an eco-friendly home. Additionally, properties with solar panels are likely to have higher energy efficiency ratings!
Currently, the Government is offering 0% VAT on the installation of energy-saving materials this includes solar panels! This is only until the 1st April 2027, after which it will return to 5%.
So, is it worth buying solar panels in the UK? The answer is a resounding “yes” for many!
With reduced energy bills, financial incentives, environmental benefits, and increased property value, solar panels offer a host of advantages. Government support and a clear ROI make this investment not only a smart choice but also a responsible one, contributing to a more sustainable future.
To determine the specific worth for your situation, try out our solar calculator and find out how much you could save by switching to green energy.
We’re here to guide you in making the right choice and ensure your installation meets your needs, get in touch today!