Are solar panels still a good idea in the UK?
The cost of solar panels has come down significantly in recent years, making them a more attractive proposition for homeowners. However, there are still a number of factors to consider before going solar. Solar photovoltaic (PV) systems convert sunlight into electricity, which can then be used to power your home or business. The main benefits of solar PV are that it is a renewable source of energy and can help you to save money on your energy bills. The cost of solar PV systems has fallen significantly in recent years, making them more affordable for homeowners. According to the Energy Saving Trust, the average cost of a typical domestic solar PV system was around £6,000 in 2010. This has fallen to around £4,000 in 2016. The Feed-in Tariff (FIT) is a government scheme that pays you for the electricity you generate from your solar PV system. The amount you receive depends on the size of your system and the current tariff rate. The current tariff rate (known as the generation tarif...