Are Solar Panels Worth it? 9 Month's of Bills Compared, Solar Panels in the UK 🌞

Are Solar Panels Worth it? 9 Month's of Bills Compared, Solar Panels in the UK 🌞2023
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How do panels work?
Panels are typically installed on a roof with good exposure to the sun.
They generate electricity from the sunlight, and anything you do not use to power your home can be sold back to the grid.
All suppliers with at least 150,000 domestic electricity customers must offer panel owners money for their energy and they set their own rates.
Until 2019, homeowners were offered cash payments for the energy they produced and also supplied to the grid via the feed-in tariff scheme.
Rates are set by the regulator and are usually paid every three months for up to 20 years.
The rate paid to homeowners for their own generated electricity was initially around 53p/kWh in 2010, but later fell to less than 4p.
The feed-in tariff scheme was later abandoned and replaced by the Smart Export Guarantee (SEG). But new solar panel owners no longer get paid for generating their own power.
How much could I save?
The average upfront cost of solar panels is around £4,800. They can last between 20 and 30 years before they need to be replaced.
You could save between £200 and £450 on your bill, while making another £450 selling electricity back to the grid
You could save between £200 and £450 on your bill, while making another £450 selling electricity back to the grid
Trade body Solar Energy UK claims a typical house could reduce its bills by £330 a year with panels and cover the cost of installation within nine years.
Figures from comparison site Energyhelpline.com suggest you can save between £200 and £450 on your bill, while also making another £450 selling electricity back to the grid.
However it will depend on where you live, how many hours of daylight you get, and how much electricity you use at home during the day. In some areas with low levels of sunlight, it could take up to 17 years to recoup the costs.
To get the most out of the panels you may have to change your lifestyle and use your electric appliances, such as your dishwasher and washing machine, during the day.
The savings are likely to be made from using the electricity you generate compared to the rising cost of standard bills, rather than selling the excess back to your supplier.
*TAGS*
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[@BuyHoldSell]

Watch the next update video here kzbin.info/www/bejne/gqfUZXyvqLGCm5o

[@beckeralan2]

Great review. Thank you for taking the time to share your knowledge with us.

[@BuyHoldSell]

No problem

[@craigCrcrypto]

greate video your explained is very well..need a more videos.good luck 👍

[@BuyHoldSell]

Will do new one soon

[@abdulsalamjaufer9206]

good explaination,Great review ,thank you

[@BuyHoldSell]

Cheers

[@innocentchizzy6427]

Just subbed look forward to next video

[@BuyHoldSell]

Cheers

[@houssemeddineyahia8060]

what a great tutorial this is really useful and very informative thank you so much for sharing

[@BuyHoldSell]

No probs

[@SNRFACTS4]

What a wonderful content! You explained very clearly and carefully! I learned a lot thanks to you. Really great video with so much information!! Thanks for the guide! !

[@BuyHoldSell]

Your welcome

[@luizaol9212]

Great video about Solar Panels, really interesting video!

[@BuyHoldSell]

Cheers

[@thuraiyoorthuraiyoor7922]

great content .. keep it up..

[@BuyHoldSell]

Cheers

[@shanbn1029]

Really this is a very informative video about Solar Panels. Everything discussed in this video is very clear and very well explained for easy and better understanding. Thank you so much for sharing.

[@BuyHoldSell]

No worries

[@lilbizzyf6000]

Great information damian

[@BuyHoldSell]

Thank you better one in August to Come

[@glennmcconkey4213]

We are considering solar panels from a company called “Home Logic” they are highly rated on trust pilot . Quoting us £12;000 for 14 panels no battery Also we don’t know how long we will be in this house, but the savings sound massive and our electric bill is MASSIVE ..seems worth it as we’d make monthly outgoing far more comfortable

[@BuyHoldSell]

That is day light robbery 12k avoid that lol

[@kimsohee8314]

cheers great video man

[@BuyHoldSell]

Ns

[@jayanthaariyawansha4889]

Really good video

[@BuyHoldSell]

Cheers

[@liambrentwood3865]

It's been helpful and save bills. and also,.it makes me generate my power and boss over it

[@BuyHoldSell]

Yes good to hear my friend

[@nzenaguebubechukwu6394]

This sounds really really amazing not only can you reduce your spending rate from power consumption but you can also profit from it

[@BuyHoldSell]

Thats it 💯

[@risingrom]

In my country, electrycity is becoming cheaper and cheaper because of good management. We don't need solar panels anymore!

[@BuyHoldSell]

As long as its renewable I'm happy either way

[@twixter1000able]

You can tell you don’t care about electricity. Lovely day and lights ON. fair play to u pal

[@BuyHoldSell]

Haha the joys of clean energy

[@Shutityou]

Sadly the savings are a little pitiful unless you are a high energy user. I have 4.7kw solar on a 6 bed new build. I’m also building a swimming pool so I’ll dump all the excess power into that. I’m planning to add another 10kw solar to power the pool ashp properly.

[@BuyHoldSell]

This years export was £460 after using it all day, delighted almost 1k made in 3 years and God knows how much saved over paying for it too!

[@igorgirotto7002]

It depends on the reality of each country, in some places electricity is costing a high amount, it's hard to say!

[@BuyHoldSell]

Higher the amount the better the saving that's true

[@Jackie-gd9bk]

Hi 👋🏼 in my opinion, they’re too expensive for most people and no point , if you can’t #benefit from the saving , if it’s going to the government . So if you can afford it , yes , but if you can’t buy them #outright, then #theirs no point getting a #grant to #rent your #roof out to the #government

[@BuyHoldSell]

2 years deep over half paid off already. I did buy at the right time when judging the market i.e inflation etc but near 1k in repayment and lord knows how much saved off bills too. Considering 20 year warranty too it's a no brainier. What's the alternative pay for oil or gas which has heavy tax going to government?

[@jamesgribben7024]

During my first year my generation with 4.2kw , income was £150. I guess I saved £500 during the summer 6 months. Plus hot water and enough electricity to run the lights the winter 6 months.

[@BuyHoldSell]

Lovely my payment this year was over £450

[@oceanblue1369]

What solar system did you purchase / recommend?

[@BuyHoldSell]

Soalis 5.3kw, I also did another solar video at time of install check that out, type solar into search in my video section should come up.

[@ravindu_01]

i used your referal and saved me few hundred thanks.

[@BuyHoldSell]

😎

[@WARGASM180X]

Need to get myself some panels, my bill just hit £700 a MONTH today

[@BuyHoldSell]

Damn that bad, I have seen some difference in usage its been amazing, if your local use start Solar they are the best value around, quote damian10

[@charlieanderson9854]

yea. solar panel really worth it. the have been so helpful in Africa here

[@BuyHoldSell]

Nice one ☺

[@irishguy200007]

What about standing charge.

[@BuyHoldSell]

For the solar there is none

[@dikemoses4733]

i got solar and its great

[@BuyHoldSell]

😎

[@Powr-Move]

What company did you use? Would you recommend them? I live in Banbridge Co Down

[@BuyHoldSell]

Start solar I used and yes if you watched my first video I go into getting them installed, type solar into my channel it should come up. If you mention my name you should get discount

[@daretobe3465]

D do a vid on XTr

[@BuyHoldSell]

I'll try mate very busy right now but I'll add it to my list 👍

[@davidcooper3317]

Had solar panels on our house 4 years work better if you clean them lol... found thar out

[@BuyHoldSell]

Yeah bi annual cleans are easy and worth it

[@zororat]

Great video except the cut away stock footage of random things

[@BuyHoldSell]

Breaks the video up rather than watching my old face lol

[@killachief187]

The cost of energy in the uk 🇬🇧 is silly. We should all do it and put the ridiculous companies out of business.

[@BuyHoldSell]

Prob will work out a way to charge us still fs

[@greenspoondcfc]

bird shit will affect the performance as it's quite difficult to remove but probably once a year scrub with a long reach window cleaning brush/pole should be fine i'd imagine, probably need to spend a while with hot water/car shampoo and give it a couple of washes to allow the crud to soften.

[@BuyHoldSell]

😂 😂 Yes the bird poo can be hard work cheers for tips

[@spicehedge]

the new panels are on their way, time to scrap all those millions of tons of older ones

[@BuyHoldSell]

Or recycle them good life span min 30 years though

[@spicehedge]

@@BuyHoldSell So far as i can find, There are no big plans to recycle solar panels in the UK, Unless you know of any company names

[@fanfeck2844]

@@spicehedge is that because there’s no product to recycle? How many tons do you know of that need scrapped?

[@Moderador_Civilizado]

The solar panels are a good way to get out of the system, but it will never be the solution for the world and its is too expensive here.

[@BuyHoldSell]

Need to becom2 cheaper or better yet, loan schemes as it is cheaper in the long run something like a 10 year repayment plan or something like that

[@deanwhittle1301]

how much better are solar panels then lets say 5- 7 years ago

[@BuyHoldSell]

Technology always improving so better I'd say

[@deanwhittle1301]

@@BuyHoldSell how much would u say on average if i wanted front and back of my house in solar with a battery would cost

[@spicehedge]

None of our "favorite shops" have solar panels on their roofs

[@BuyHoldSell]

Hopefully one day they will 🤞

[@spicehedge]

@@BuyHoldSell I doubt it, I asked Tesco and Sainsburys some years ago, they said they have no plans to do so, And true to their word they still have empty roofs as seen on google earth.

[@BuyHoldSell]

Well if the governments can't spend the money and offer no real help is it any wonder, will change though they get cheaper every year etc

[@fanfeck2844]

Just wait until they get their next energy bills. That might focus minds

[@bla855]

BB

[@BuyHoldSell]

?