Solar PV costs-benefits analysis.
Solartwin home Solar Electricity installations give around 8-10% return on capital / 4-6% return on investment over 25 years.
So far, the UK Government has spared Home Solar Electric Installations from savage solar cuts elsewhere. The money point is that the day when your Solartwin installation takes place, this date then fixes the “tariff” for your safe, Government guaranteed subsidy. Going solar has never been so profitable – nor so easy! You save electricity and you get a subsidy. In round figures:
- £6.5k invested in solar PV earns you £500 a year (8%)
- £11k harvests £1000 (9%)
- £15k earns you £1500 (10%)
The more you invest, the higher your percentage return. Please note that these figures are return on capital. The return on investment figure is lower because this different calculation extracts the capital (ie what you pay up front for your solar PV installation) over 25 years. In round figures:
- £6.5k invested in solar PV earns £500 a year (8%) and repays itself about twice in 25 years. This is 4% RoI.
- £11k invested earns you £1000 (9%) and replays itself about 2.2 times in 25 years. This is 5% RoI.
- £15k earns you £1500 (10%) and repays itself nearly 2.5 times in 25 years. This is 6% RoI.
Of course, should electricity prices rise over the next 25 years, as is expected to happen, then these solar savings will increase even further.
The urgent solar news is that, UK’s solar subsidies may be heading downwards, but only for latecomers. Your solar subsidy will be index linked, bringing you tax free income for 25 years. But buy now, because the UK’s Feed In Tariff Subsidy Scheme for future solar buyers is currently under review. Today UK pays solar homeowners 65% more subsidy than Germany does. But for how much longer could you gain such generous government money? The day you go solar is what matters.
We can usually install in one day. Solartwin have 12 years of solar experience. Yes – contact us now for your free solar quote, which we do rapidly by phone, with online aerial photographs. It’s fun to hear how good your roof is for solar!
Don’t miss today’s generous solar subsidy boat – get a solar quote today!
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Genfit - 0344 567 9032