Come Rain or Shine: Generate Energy & Find Out How Much You Can Save With Solar
Are you thinking about buying a new home and looking for ways to cut the cost of your energy expenses?
As well as saving you money on your annual energy bills, solar panels can also earn you cash – and don’t worry, you can still generate electricity on gloomy days.
If you would like to become more energy independent, explore our Buyers Guide to Solar Savings and the benefits of generating your own energy with a brand-new Mulgrave home.
Advantages of PV Solar Panels
Transmitting energy across extensive power networks to your home inevitably results in energy loss. However, when your power is coming directly from your rooftop, the loss is minimised, so less energy is wasted.
Significant Cost Savings
The biggest gain comes from using what you generate, and you could save up to £480* per year on your energy expenses.
Investing in a brand-new solar powered home makes you less reliant on the National Grid, and, based on *Energy Saving Trust estimates, a typical household with a 3.5 kilowatt-peak system can knock between £195 – £480 per year off annual bills at the current Energy Price Guarantee rates.
You May Earn Money Back
You could get paid £130 per year for any excess energy you generate. However, SEG tariffs can differ widely, although you’re free to switch between them.
The smart export guarantee (SEG) scheme works by requiring energy suppliers with 150,000+ customers to offer tariffs to households across England, Scotland and Wales, which pay a set rate for each kilowatt hour (kWh) of electricity you generate from solar panels, but don’t use yourself.
Crucially, the amount you get back depends on the supplier and ranges from just 1p per kWh to 15p per kWh – so make sure you opt for the best-paying tariff you can.
The Energy Saving Trust estimates a typical household could earn between £90 and £130 per year based on a rate of 5p per kWh. Though, of course, the better the rate, the more you’ll make.
How solar panels operate in Yorkshire is exactly the same as anywhere else and you don’t have to live in an area with wall-to-wall sunshine to generate solar energy – solar panels work even through cloud coverage. The more sunshine, however, the more energy you’ll generate.
Once installed, solar panels require very minimal upholding. They are positioned at an angle which allows rain to run off freely, washing dirt and dust away and with an occasional clean, can last for over 25 years with little loss in efficiency.
How Do PV Solar Panels Work?
A PV solar system changes sunlight into electricity and is made up of layers of semi-conducting cells formed of silicon – sunlight is caught by these cells, creating a flow of DC electricity.
Household appliances run on AC, so an inverter converts the energy generated by the panels into usable AC electricity and this can then be used to directly power appliances throughout your home.
Savings and Financial Benefits
Arguably the biggest gain arises from solar panel homeowners being able to use what energy they generate. Cost savings depend on property size, but the Energy Savings Trust estimates that a typical UK household with a 4.2 kW system may see a reduction in their energy bills ranging between £210 and £514 per year, when considering the new price cap rates.
Alongside the savings that you can make through energy generated from solar panels, you can also earn cash-back for the energy you don’t require! The smart export guarantee (SEG) scheme offers households the opportunity to pump energy back into the National Grid and get paid to do so.
Find out more about our brand-new solar powered 4 bedroom home in Market Weighton and contact our sales team for more information about the advantages of generating your own solar energy.
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