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Solar Panels

BuntyB
BuntyB Posts: 228 Forumite
Part of the Furniture Combo Breaker
Just looking at the possibilities of solar panels. Not quite sure what I can expect in return? Free electricity for myself plus maybe some cash back for putting power back into the grid?

Or just free electricity for myself?

Anyone got any experiences or thoughts on the matter?

Companies who excel or who to avoid?

Thanks

Comments

  • Smiley_Dan
    Smiley_Dan Posts: 948 Forumite
    edited 5 May 2014 at 10:16PM
    This explains it: http://www.energysavingtrust.org.uk/Generating-energy/Choosing-a-renewable-technology/Solar-panels-PV

    Depending on the output of your system, and the weather and time of day, you will easily cover your own electricity usage. You'll begin looking into ways of shifting demand so you use energy when it is being generated.

    The bulk of the payments are in electricity generation, not export, although you do get a payment for export as well. Indeed, export is based on the assumption you will export half of what you generate, so it makes financial sense to actually use as much as you can.
  • Cardew
    Cardew Posts: 29,056 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    Smiley_Dan wrote: »
    Depending on the output on your system and the weather you will easily cover your own electricity usage.


    I don't think that quote is what you meant to say!
  • Smiley_Dan
    Smiley_Dan Posts: 948 Forumite
    Thanks Cardew, my excuse is I was writing on my tablet :-)
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