If Solar Energy Panels Are Considered As A Long Term Venture Then Surely It Is Worth Paying The Very High Solar Energy Prices?

solar power for homesFor a householder that wants to find ways to make economies and also assist the environment at the same time, then Panels could be a good option for them. However, they could think that the Prices are a bit high, being about £12,000 for Panels for a standard family house. For these Solar Energy Prices the householder would get a Solar Energy Panels package that would give them about 2.2 kW and this could well save them about 40% of their energy consumption for a year.

As well as these savings, the energy that the Solar Energy Panels supply would earn the householder some money as well as any unused energy that they can export to the national grid in addition. These rewards are from the Feed-In Tariff that is in place to support all householders who use renewable energy sources. Considering that it could take 10 to 12 years for the householder to save enough money that equates to the Solar Energy Prices that they have originally paid, the householder does need to take a long term perspective on this and see it as a renewable energy project, rather than a business project that could earn them money in the short term.

Once the Solar Energy Prices costs have been recouped and the householder has actually saved that sort of amount from their Solar Energy Panels package, then they will be earning free money and could be happy to be part of the renewable energy community. They could well want to extend their Solar Energy Panels package so that they can supply more than the initial 40% of their energy usage, but obviously the Solar Energy Prices need to be paid and they could be about £4,000 to £8,000 per KW. They will obviously need adequate roof space for the extra Solar Energy Panels extension, or possibly they have another south facing roof that could be used, although if this is remote from the main building then cabling etc. could well add to the Solar Energy Prices.

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