Tag: Solar PV

  • 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.