Five Reasons Why You Should Be Installing Solar Panels In 2017
If you’ve been debating whether or not you should be investing into solar energy, 2017 is the best times to do it. Although the Feed in Tariff may have been dropped over the past couple of years, solar panels have become a fantastic investment due to the low cost of having them installed. There are many reasons as to why you should acquire solar panels, but here we have selected the top five reasons why you should consider it.
- You can still benefit from the Feed in Tariff
If you are thinking or purchasing solar panels then you will need to research the Feed in Tariff (FiT), as over the past couple of years, numerous changes have been made, this includes ending small scale solar farms by the end of 2017. However, for domestic installations, the tariff is still available in full, so ensure you fully research this properly and make sure you’re getting the best deal.
- Affordable solar storage batteries are now available
Last year was a big year in terms of solar storage batteries as the market has grown hugely, and continues to grow in 2017. By making batteries affordable, it means that it’ll be easier than ever to purchase batteries for your household, as opposed to selling your energy back to the grid. It will allow for the stored power to possibly be used in the morning or evening when the most energy will be used. Whilst you can sell your unused energy back to the grid, you will get less than what you normally pay for the energy from the energy companies; in the long term, storing energy works out both economically and environmentally cheaper and better.
- The best solar panels are currently cheap to install
The cost of solar panels has dropped considerably thanks to an increase in demand. Seven years ago, a 4kw solar panel cost around £12,500, but now you can get the same type of panel for around £6,512. Whilst the FiT payments may have changed, the reduction in solar panels is now at a level where most people think it’s at an appropriate price point.
- Protect yourself from any changes in the energy tariffs
If you have solar panels normally generating your home, it means you will be paying less than being with energy companies. By having storage batteries, you can now store excess energy and use it later which should encourage you to become more self-sufficient, meaning you don’t rely on the grid for energy. This is great because it will protect you from any of the tariff rises in 2018.
- Reduce your carbon emissions
This is normally a huge factor when people are considering to invest in solar energy. It’s suggested that if you switch to solar panels, you reduce the amount of CO2 produced by a tonne per year! And with solar storage becoming easier to access, this number could rise over the next few years.