Sales of solar panels increase as energy prices increase. Demand for solar panels has significantly increased as a result of the energy crisis. According to Trade Group Solar Energy United Kingdom (UK), there are now well over 3,000 solar systems installed each week, up from 1,000 in July 2020.
One supplier reported that this month has witnessed a tenfold increase in inquiries concerning solar panels. "More solar panels are being put on British roofs than ever before," according to Chris Hewett, CEO of Solar Energy UK.
Renewable energy has long been a preferred option since it contributes to environmental protection. They operate in a straightforward manner by absorbing sunlight through photovoltaic cells, which then transform it into electricity that may be used to power a battery or flow through your home.
You will require much less electricity from the network as a result of the process. People who have installed solar panels successfully claim to have saved hundreds of pounds on their electricity costs.
However, they may not be the best option for everyone because installing them requires a significant up-front financial commitment and the correct kind of property. But with rising energy costs, it will take you less time to return your initial investment.
A typical solar panel system used to cost roughly £20,000, and it would take about ten years for the installation costs to be recovered.
However, since then, the cost of solar panel systems has dropped by more than 60%, which means it now takes a system between four and five years to pay for itself.
The cost includes installation, and the quantity of panels you get depends on the size of your roof. 12 panels may fit on a normal 20 square metre roof.
A normal solar panel system, according to the Royal Institution of Chartered Surveyors, should cost between £9,000 and £11,700, whereas Solar Energy UK puts the price of a "average" 3.1kWp system for a three-bed house at £3,925.