Sustainable Ferriby

Tag: Costs

  • Understanding costs and benefits – solar panels

    Understanding costs and benefits – solar panels

    Solar panels can quickly for themselves, depending on various factors like cost, electricity generation, usage, and electricity prices. A 4kW solar panel system can cover more than an average household’s needs, but usage patterns and energy export to the grid complicate matters; nevertheless, a 7 year payback and £2400 saving over 10 years isn’t unreasonable.

  • Should I take a loan to pay for a battery?

    Should I take a loan to pay for a battery?

    Investing in a solar battery for your home can lead to significant long-term savings. With an average annual saving of £700, the upfront cost of around £5,000 is quickly recouped. After repaying the loan, ongoing savings and potential VAT benefits make it a wise investment, offering a projected gain of £2,000 by year 10.

  • Understanding costs and benefits –Electric vehicles

    Understanding costs and benefits –Electric vehicles

    Currently, there aren’t many low cost EVs. It’s not that EVs are expensive, just that most are high-end vehicles. This blog explores whether the running cost savings of EVs can offset the extra cost of purchase.