How Much Would Solar Panels Save Me?

How Much Would Solar Panels Save Me

Solar panels cost money upfront, but will save you money on energy bills in the long termThe average home can save between $10,000 and $30,000 over the lifetime of your solar panel systemGenerally, higher local electricity prices means higher potential for solar savingsStart comparing custom quotes on the EnergySage Marketplace to see your estimated savings from solar power

How much will solar panels save me UK?

How Long Does It Take for Solar Panels to Be Paid Back? – With all of these things in mind, how long is the average solar panel payback time in the UK? Since there are so many variables involved, this answer will vary among different circumstances — most importantly, whether you make use of the SEG payments or not.

  1. Without the SEG, your solar panel savings will come from your decreased reliance on the grid.
  2. As mentioned earlier, these savings will be between £100 and £270 for an average London house.
  3. With an average system cost of around £6,000, it would take you 22 to 60 years to break even.
  4. With SEG payments, solar panel payback times are significantly shorter.

A similarly-sized system with the same cost of £6,000 could earn around £100 in annual SEG payments, With both these payments and average energy savings, it would take you between 16 and 22 years to break even. Save More with the SEG Your break-even point on your solar panel investment when using the Smart Export Guarantee (SEG) can be as early as 16 years,

Can I run my house on solar power only UK?

Can they use the energy when they need it? – They have also installed 10.4 kWh of battery capacity, which means they can store excess electricity during the day for use throughout the night. As you can see from the graph above, solar panels do produce less during the winter months and peak during the summer.

You are paid a ‘Smart Export Guarantee’ from your supplier for every unit of electricity you export to the grid. If you can export enough during the summer months – this could pay for the shortfall in the winter. So yes, solar panels really can power your home, even during the winter if you can generate enough excess energy in the summer to pay for the shortfall in the winter.

Sources: If you can stagger your usage so you do not exceed the AC power being sent by the inverter from the solar panels and battery then you could boost your savings significantly and run entirely from the energy generated by your solar panels for most of the year.

Household Item Energy rating Typical usage Energy used in kWh Cost (April 2022 Price Cap)
Kettle (Russel Hobbs) 3000W 1 minute 0.05 kWh 1.5p
Nepresso Coffee Machine 1710W 90 seconds (per cup) 0.043 kWh 1.3p
Blender 400W 5 minutes 0.033 kWh 1p
Toaster (2 slice) 900W 5 minutes 0.075 kWh 2.2p
Toaster (4 slice) 2000W 5 minutes 0.17 kWh 5.1p
Fridge freezer 150W 8 hours (33% duty cycle) 1.2 kWh 36.2p per day
American Fridge Freezer 250W 8 hours (33% duty cycle) 2 kWh 60.4p per day
Freezer 100W 8 hours (33% duty cycle) 0.8 kWh 24.1p per day
Fridge 100W 8 hours (33% duty cycle) 0.8 kWh 24.1p per day
Laptop 50W 8 hours 0.4 kWh 12p
Charge an iPhone for one year Up to 5W Everyday 1.8 kWh 54.3p per year Just over 1p a week!
55″ Samsung TV 110W 3 hours 0.33 kWh 10p
75″ Samsung TV 154W 3 hours 0.46 kWh 13.9p
Single electric oven 3000W 1 hour 3 kWh 90.6p per hour
Patio Heater 2000W 1 hour 2 kWh 60.4p per hour
Microwave 1500W 3 minutes 0.075 kWh 2.2p
Iron 3000W 20 minutes 1 kWh 30.2p
Dishwasher 2200W 2 hours 4.4 kWh £1.33 (per day?)
Washing Machine 2200W 1 hour 2.2 kWh 66p
Tumble dryer (modern) 800W 45 minutes 0.6 kWh 18.1p
10 x Lightbulbs – incandescent 700 lumens x 8 hours a day 600W 8 hours 4.8 kWh £1.45 per day
10 x Lightbulbs – LED 700 lumens x 8 hours a day 100W 8 hours 0.8 kWh 24.1p per day
Desktop computer Up to 300W 8 hours 2.4 kWh 72.5p
Hot tub Up to 6000W 1 hour 6 kWh £1.81

img class=’aligncenter wp-image-189362 size-full’ src=’’ alt=’How Much Would Solar Panels Save Me’ /> Before starting Leoht in 2020, I designed and installed solar panels on my parent’s home with enough battery capacity to make the most of their generation and usage. The long term aim is to reduce their living costs to as close to £0 as possible. I took a video of their smart meter when visiting in April 2022. My mother is quite keen on using as much solar and battery as possible and to maximise the use of their own energy. However, even I was surprised that even in the middle of April, they barely used the grid! and during the day on one of those days (17th April) I was charging Leoht’s Tesla. : Can solar panels power a house in the UK?

Why are my solar panels not saving me money?

Your Home Is Using Too Much Power If your solar panels are not reducing your bill, it can be because: Your system is generating less electricity than you use. You’re using too much electricity at night when panels aren’t generating it. Too many appliances or devices are plugged in.

Is there a downside to having solar?

Disadvantages of solar energy include a high initial cost, an inability to work on every roof type, and it may be difficult to find a local installer depending on where you live.

Do solar panels devalue your house UK?

Do Solar Panels Affect Your Property’s Value? Last updated on 31 October 2022 11 min read

  • ✔ Solar panels could increase your home’s value by 4.1%
  • ✔ Solar power is the UK’s most popular energy source
  • ✔ Fill in the form above to receive free solar panel quotes from local experts
  • You want to get solar panels.
  • They’ll save you money on your energy bills, they’ll save the climate, and they’ll save you from being completely reliant on the National Grid – but will they add to your home’s value?

Yes. The research indicates that solar panels add around 4.1% to a home’s value – which means you could make tens of thousands of pounds. That makes sense, too: who wouldn’t want to buy a home with better energy efficiency than the average property, that can save you money on your energy bills every month? If you buy your solar panels outright, they won’t affect your ability to sell the property, and if you leased them, that should be fine too! Just make sure you and your installer followed all the legal requirements when making the purchase. A 3.5 kW solar panel array for a family of three in the UK typically costs around £5,420,

  1. This is a large investment, but it enables you to save up to £522 per year on energy bills, all while doing your part to help the climate.
  2. And when you consider house prices, the cost of solar panels pales in comparison.
  3. As of January 2020, the average house price in the UK is £231,185, according to the Land Registry,

So on average, you’ll be paying a measly 2.1% of your home’s value to get solar panels – an excellent investment that will quickly produce returns. Want to learn more? Check out our page on, Multiple studies have confirmed that solar panels add a substantial amount to your home’s value – though properties in certain locations benefit much more than others.

Naturally, homes in sunnier areas will benefit more from solar panels, so it’ll be easier to persuade buyers to meet a higher price. That was clear from a seven-year California-based, published in 2012, which found that solar panels add 3.5% to the value of a home – and even more if you’re selling in a liberal community.

Increasing a British house’s value by 3.5% would, on average, add £8,000 to its value – which is £2,000 to £4,000 more than it typically costs to install solar panels for a family of three. And even better news came in 2019, when a study by real estate company showed that solar panels raise a home’s value by 4.1%, on average – which would increase the average UK home’s value by £9,500,

  • The pro-solar trend held across the country, though, with 80% of home buyers saying energy-efficient features were important to them, according to Zillow.
  • This enthusiasm for renewable energy holds true on the other side of the Atlantic Ocean too.
  • A study in University College London journal showed 33% of people would be more likely to buy a property if it had solar panels,
  • 53% said savings on fuel bills would be the most important factor in buying a property with solar panels – so make sure that you and your estate agent emphasise how an array can lower their energy costs by £522 per year,

In fact, much of the data seems to suggest that UK properties experience even more of a value increase than homes in America. A recent study found that, on average, – and that figure rises to 38% in some parts of England.

  1. Depending on where you’re located, this could lead to an extra £90,000 onto your property value,
  2. Plus, according to, not only do homes with solar panels generally sell for more money, but they have historically sold faster than homes without panels.
  3. Check out how much you could gain in the table below:
City Average value of property Average added value from solar panels
London £686,321 £90,000
Bristol £322,444 £45,142
Edinburgh £286,397 £40,095
Leicester £225,552 £31,577
Manchester £209,134 £29,278
Sheffield £207,832 £29,096
Birmingham £205,445 £28,762
Leeds £203,256 £28,455
Glasgow £181,134 £25,358
Liverpool £167,031 £23,384

Data from, 2020

  • Purplebricks’ director of communications Zoe Melarkey told Eco Experts that while solar panels “don’t necessarily increase the value” of a home, the right buyer can change everything.
  • ” They definitely increase the sale factor and kerb appeal to people who are keen on eco-friendly features,” she explained.
  • Melarkey pointed out that “most solar panels are leased, which means when you buy the house, you also buy the remainder of the lease – so some people might not be keen to take that on.”

In situations like this, the solar installer buys the space above the property and leases it back to the homeowner. In return, the company generally installs the array for free.

  1. However, she added, if you buy your panels outright, “that makes things easier.”
  2. Melarkey also warned against removing your panels, either because you don’t want to enter the housing market with a solar array, or because you want to install them on your new home.
  3. “If you want to remove the panels,” she said, “there’d be quite a substantial bill to do this.”
  • You’ve probably heard the long-standing debate over whether panels actually look nice on a property – and you might even have your own opinion on the matter.
  • To get a better understanding of how people feel about solar panels’ appearance, we’ve carried out a survey, asking 112 people how attractive they think solar panels look on a home.
  • Interestingly, there was a clear correlation in our survey between the age of the respondents and how attractive they found solar panels.

To get a better idea of this relationship, check out the results in the chart below. Respondents were given the option to rate the attractiveness of solar panels on a scale of 1-5 – with one being the least attractive, and five being the most – which we have grouped together into three categories below.

As you can see, there’s a dramatic difference between the oldest and the youngest age groups. Half of respondents aged 13-40 think solar panels are attractive, which drops to just 11% amongst 57-72 year olds, As for 73-88 year olds? Zero respondents in this bracket find solar panels attractive. What’s more, a massive 85.7% of respondents in the oldest category rated solar panels as ‘unattractive’, rather than just ‘acceptable’, compared to just 12.5% of respondents aged 13-24.

Despite the mixed responses, 86.8% of respondents said they would buy a house if it had solar panels on the roof. Thankfully, as the solar industry evolves, experts are coming up with new ways to improve the look of solar panels. One simple way to improve the appearance of a roof is to look into – these sleek sheets sit snuggly in between tiles, rather than looking bulky, sitting on top of the slates.

  1. Not to mention that buying a home with panels already attached can help homeowners avoid the upfront installation costs.
  2. Solar-equipped homes also tend to sell for more because solar panels are considered to be upgrades to the home – similar to how an extension or conservatory increases a home’s value.
  3. Solar panels can also increase the energy rating of a property, which is hugely desirable for buyers – especially since the government is pushing for,
  4. The Department of Energy and Climate Change (DECC) analysed over 320,000 properties between 1995 and 2011, and found that when a home’s rose from band G to E – or from D to B – its property price also rose significantly.
  5. You could benefit from this kind of shift.

When it comes to energy prices, each region is different. This is because each area’s local distributor has its own charges set for suppliers – and energy providers then pass these additional costs onto customers through their energy bills. If a property with solar panels is in an area where energy prices are particularly high, it will become much more valuable.

This is predicted to become more commonplace as, Location can also influence the amount of sun exposure panels get, which has its obvious benefits for solar energy – the more sunlight you have, the more energy can be generated. This is one of the key, This overlaps with our previous point, but depending on how much local installation prices are in the area, a property with pre-installed panels could be like gold dust.

If it’s a pricey area compared to other parts of the UK, buyers will be able to save roughly £5,000 by investing in a home with a system already installed. If you have a pretty small system, don’t expect it to add a huge amount of value to your home. Typically, a larger system will generate more energy and will save you more on energy bills.

Solar system size Increase in property value
4 kW $23,644 (£17,556)
6 kW $35,466 (£26,334)
8 kW $47,288 (£35,113)
10 kW $59,110 (£43,891)

If your system has seen better days – whether that’s due to wear and tear or just old age – it probably won’t add much value to your property. Bear in mind that before their efficiency starts to decline. If your panels are reaching their twilight years, there’s a chance the buyer will need to carry out repairs or replace worn-out parts fairly soon.

Pros Cons
Some will love the look. .and some won’t
They increase your home’s value by 4.1%, on average
Easier to sell a home with ready-made energy savings of up to £390 per year
Save 1.6 tonnes of CO2 per year – 74% of adults are concerned about climate change
Popularity makes convincing easier – there are a million UK solar homes now
62% of people want solar panels
Solar is the most popular energy source

Solar panels will add value onto your home, according to multiple studies – and it just makes sense. After all, the worst part of buying anything which’ll make your life better is paying for it. If you can buy a property that already has a gorgeous, functioning solar array, it removes the only significant obstacle.

: Do Solar Panels Affect Your Property’s Value?

Do I need to tell my electricity supplier I have solar panels?

If you’ve got solar panels or another type of renewable energy source in your home (or are considering investing in them), you might be wondering if your associated Feed-In tariff locks you into one supplier, or if switching supplier changes your feed in tariff rate.

  1. First off, you can still switch gas and electricity suppliers when you have solar panels or generate your own renewable energy in another way — but you must switch to an eligible supplier.
  2. When it comes to your Feed-In tariff, it’s Ofgem that sets the rates for the schemes.
  3. These rates track market prices, so they can change but should be guaranteed for a set amount of time from when you first signed up.

Because Feed-In Tariff rates are set by Ofgem, they will not be affected by switching supplier. And all big six suppliers will take on your Feed In Tariff. If you are thinking of switching to a small supplier, it’s worth checking Ofgem’s full list of suppliers that support the scheme.

What should a 4kW solar system generate per day UK?

How much power output do you need for your home? – The power you need for your home depends on how much electricity you use on average, and to what degree you wish to power your home using solar panels. Some people opt to just use a small amount of solar power in order to do their bit for the planet, whereas others wish to reduce their reliance on the national grid as much as possible.

  • One thing is clear – if your household has a high energy usage, you’re going to need a higher quantity of solar panels installed.
  • If your electricity needs are not so great, or you just want to subsidise your home’s power usage, then opt for having a smaller quantity of solar panels installed.
  • To give you a rough idea of how much energy you need to power a home, let’s take as an example a family home containing four or five people.

A 3kw or 4kw solar panel system will be enough to supply energy to that home, generating around 3,400kWh of electricity per annum. That’s 97,000 hours of fridge, 5,000 hours of washing machine, 1,880 hours boiling the kettle and 1417 hours of oven usage.

How much will a 5kw solar system save me?

Serious Capabilities: 5kw Diy Solar Kit with Microinverters – Capable of producing 5330 watts of DC (direct current) power, this microinverter solar kit is a solid choice for average electricity consumers. It requires up to 299 square feet of space and produces 350 to 850 kWh of energy monthly. Moreover, it can offset monthly electric usage by 40 to 90% while reducing utility bills by up to 90%.