The
cost of solar cells always affect whether they are a worthwhile
investment, as it will determine if the homeowner makes a decent return
on their money. While
the feed-in tariff is an appropriate incentive to become a steady
income for 25 years, then it is the initial cost, which determine
whether they are bought.
But many homeowners simply do not realize that solar panel costs fall each year and have instead focused on the reduced feed-in tariff. The government has recently cut the tariffs of 43.3p/kWh to 21p, which means the amount earned annually declined.
However, since solar panels have dropped in price, the returns are still on par with 2011, when the solar market is booming hit in sales. Because house and apartment owners do not realize the cost of solar modules now make it affordable for many homes, they have almost given up.
Absolute Solar Marketing Manager, Myles Hayden says that the general public be re-educated to see solar panels to keep the benefits must.
He said: "There are still a lot of benefits, but if you have people thinking about [the tariff] at 43 pence and then see that it is 21 pence, what they do not know is that their system but was now £ 15,000 is £ 10,000.
"Your actual return on investment is still good, but it's a case of fresh find people who do not even know about the 43 pence rate."As the cost of solar cells has been reduced, offers the most environmentally friendly source of energy:
A 10-15% return on investment for all homeowners
Free electricity for 25 years
A low-maintenance alternative to generate energy
A reduced carbon footprint for households in the UK
And suggests that solar panels still offer a fantastic investment for homeowners, Mr. Hayden also showed that the age of the investor has fallen out of the 55-70 group 40-55.
The younger generation seems to provide awareness of the potential solar power has Hayden and offers an explanation for the investment to say: "Now I can get a system for people who are 25-35 years old to do - they have some money in an ISA that's not really doing anything, so they invest in plates, put them on the roof and they are getting a larger return on investment. "
But ultimately, Mr. Hayden blames the government for the lack of solar PV uptake, despite the decreasing cost of solar cells. He mentioned that although the government beat once crowded solar as a way to gas and electricity prices for tariff cuts have damaged its appeal.
If you are considering plates are cut energy prices as a long-term investment in your year, you can still get similar returns to 2011, so there is little reason not to invest.
Not only will you see cuts your energy costs by around £ 300 per year, but a solid income from the feed-in tariff guarantees a profit. What is more, will add value to your property panels, see how Purchaser has the potential to offer solar.
The cost of solar cells clearly rejected, ie many more homeowners can invest in a renewable energy source. This means reduced costs for solar cells yields are still at the same level until 2011.
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