This infographic was created by Ollie Smith using our solar panel cost data. It answers the most burning question on the mind of anyone looking to install solar panels, with accurate cost data from a survey of UK suppliers, and calculations on how much Co2 you can save by taking the plunge.
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Released under the SS by SA creative commons.
In January, 2017, most UK homeowners saw a 10% hike in energy prices, raising the average annual energy bill £51. This hike is just one of a long series of price-raises, averaging at about 4% over the past 10 years.
With rising energy bills, homeowners around the UK are turning to green energy options like solar panels, which provide energy for 25 years after installation. Today, more than 670,000 homeowners have installed solar on their rooftops, contributing to the nearly 8 GW of solar produced in the UK.
If you’re considering installing solar, you are likely concerned with the cost of installation and your potential return on investment. However, solar panel installation costs have fallen over 50% in the last 10 years alone, while solar panel efficiency has risen, allowing you to earn a much better return. While costs vary depending on your home, the installer, and the panels you choose, the right installation can help you save on your energy bills and even earn money over the lifetime of the panel.
If you’re planning to install solar panels, the following infographic can help you to compare the cost of installation with your potential return and carbon savings benefits, to help you choose a solar panel system and make the right decision for your home.