Solar Energy Cost Calculator UK: Estimate Expenses, Benefits, and Power Generation
In the UK, the cost of a solar panel system can vary depending on several factors, including the size of the system and the region where you live. For a 3kW system, the average cost is estimated to be between £4,500 - £5,500, while a 6kW system can cost between £9,500 - £10,500. A 4kW system, a common size for many households, is estimated to cost between £5,000 - £6,000.
When choosing solar panels, it's essential to consider factors like the annual degradation rate and the warranty. Look for panels with low degradation rates, ideally below 0.5% after the second year, and good warranties to ensure long-term performance.
The payback period for a solar panel system in the UK is estimated to be between 7 and 11 years. This period can be calculated by dividing the annual savings by the cost of the system. To maximise savings, it's recommended to get a solar battery that suits the size of your solar panel system. For a 3kW system, a battery size of 6 - 7kWh is suitable, while a 6kW system would benefit from a battery of 13 - 14kWh.
Solar batteries can save households between £1 to £5 every day by storing energy for use during off-peak hours, further reducing electricity bills.
The GreenMatch solar panel calculator is a useful tool for estimating the cost, size, and output of a solar panel system. It considers key variables such as electricity consumption, solar irradiation, labour and installation costs, roof size and suitability, current electricity prices and feed-in tariffs, and potential savings through SEG payments. However, the calculator does not include the price for a solar battery.
It's crucial to talk to a reliable installer to find the best panels at a reasonable price. GreenMatch offers a service that connects customers with up to 4 free, non-binding quotes from reliable installers. The service takes just 30 seconds to fill out a form.
The effectiveness of solar panels can vary based on region and season. Despite this, the average return on investment (ROI) for a solar panel system in the UK is estimated to be between £14,500 - £15,500. Companies often provide a warranty that covers against excessive dips in solar panel performance for a number of years (up to 12).
In conclusion, the GreenMatch solar panel calculator integrates your home's energy consumption, local solar exposure, installation costs, and available financial incentives like SEG to provide an estimate of solar panel system size, upfront cost, and ongoing savings. By considering these factors, you can make an informed decision about installing a solar panel system in the UK.
This article is written by Alejandro Staton Varela, a copywriter at GreenMatch, and edited by GreenMatch's team.
[1] Source: GreenMatch's Solar Panel Calculator (https://www.greenmatch.co.uk/solar-panel-calculator)
Transitioning from traditional energy sources to solar technology can significantly enhance a home-and-garden lifestyle, contributing to a more sustainable lifestyle. With the GreenMatch solar panel calculator, you can estimate the cost and size of a solar panel system tailored to your home-and-garden needs, taking into account factors such as solar irradiation, roof size, and current electricity prices. Furthermore, solar batteries can complement solar panel systems, saving households an average of £1 to £5 every day by storing energy for use during off-peak hours, thus reducing electricity bills.
