How do I generate a return from a solar panel investment?
The way to achieve the best return on investment from your solar PV system is by using as much of the generated power as possible. The generated power is fed directly into your supply and is distributed around your site and utilised instantly. If all the power isn’t consumed you may want to consider an energy storage system.
Energy storage systems also provide an Uninterruptible Power Supply (UPS) so in the event of a power cut your lights and power will stay on!
Every kWh of solar electricity generated, and consumed on site, is a kWh knocked off your electricity bill. Any power that isn’t consumed or stored on site will be automatically exported to the grid, for which you’ll receive export tariff payments.
Overall, taking into account the significant energy savings and export tariff payments, a solar PV scheme should offer a payback period of under 5 years.
If you would like to learn more about solar panels and how to get as much out of them as possible we have created a section with useful video content and FAQs. Alternatively, you can get in contact with us today to talk with our highly experienced team who will be happy to answer any questions you have: