Solar Photovoltaics (PV)
Solar electric systems, also known as PV, photovoltaics or more simply, solar panels, use crystalline silicon cells to produce electricity from sunlight.
What are the key benefits of installing solar panels (pv)?
In the UK, there are a number of government grants and incentives available to help homeowners install solar panels.
These can help to offset the cost of the system and make it more affordable.
Since April 2019 homeowners and businesses have been able to install PV systems and be paid for the electricity they supply back to the grid through the Smart Export Guarantee (SEG).
The tariff payment of around 5.5p for every Kilowatt hour (kWh) (or unit) of electricity your system exports to the grid, however this will vary depending on the supplier. Electricity you use from the PV system saves you buying electricity from your utility company, resulting in greater savings.
The tariff runs for as long as the contract stands between customer and supplier years from whenever your system is registered with the scheme and is also tax-free for domestic installations, generating average returns of 8%-10% on your investment.
Must I have a South-facing roof for solar panels to work properly?
The most productive PV systems are sited on a South facing roof with no shading from trees or buildings but South East and South West or even East/West facing roofs can still be productive.
PV panels are connected to an inverter which converts the DC current from the panels to normal AC mains current compatible with your home or business and for selling back to the grid.
KEY BENEFITS AT A GLANCE
- Reduce your carbon footprint.
- Save money on energy bills.
- Increase your independence from the national grid.
- Increase the value of your property.
