The allure of renewable energy is undeniable. Lowering your carbon footprint while achieving energy independence ā it’s a win-win proposition. However, navigating the solar investment landscape can be fraught with hidden costs, particularly when lured by the siren song of bargain-basement prices.
Consider the contrasting paths of Dean and Richard, both homeowners embarking on the solar journey. Dean, captivated by a seemingly “incredible deal,” opts for the cheapest panels available. Richard, however, adopts a more measured approach, prioritizing quality and long-term value over immediate savings.
Dean’s initial elation is short-lived. Frequent system breakdowns, coupled with an alarmingly short lifespan for his bargain-basement solar panels, soon eat away at his initial savings. Worse, shoddy installation practices lead to roof damage, incurring further repair costs. Richard, on the other hand, experiences a different reality. His investment in high-quality equipment, coupled with the expertise of a reputable installer, yields consistent energy production and unwavering system reliability.
The crux of the matter lies not solely in the initial price tag, but in the hidden costs associated with low-quality solar solutions. Cut-throat pricing often masks:
- Subpar components: Inferior panels generate less energy, requiring larger systems to achieve desired output. Their shorter lifespan also necessitates frequent replacements, negating any initial cost savings. Here at NXTGEN Energy we also use high-quality components from Tier 1 solar companies like TrinaSolar, Jinko, Growatt, GivEnergy and many others.
- Faulty installation: Improper installation practices can compromise system performance, lead to safety hazards, and void warranties. NXTGEN Energy are MCS Certified Solar PV (Panel) Installers, MCS Certified Battery Storage Installers and are accredited with HIES, NAPIT and TrustMark in the UK.
- Dubious warranties: Fly-by-night companies often offer worthless warranties that disappear when claims arise. NXTGEN Energy are in business for the long-term and make sure that every customer has a ‘Handover Pack’ that contains are the required certificates and warranty details and we are only a phone call away if a problem arises.
To avoid becoming another solar scam statistic, heed these guiding principles:
- Price is a factor, not a dictator: Prioritize quality, reliability, and long-term value over immediate savings. Remember, a poorly functioning system is an expensive paperweight.
- Seek established expertise: Choose accredited installers with proven track records, comprehensive warranties, and transparent pricing policies.
- Empower yourself with knowledge: Ask pertinent questions about equipment quality, installation procedures, warranty coverage, and installer qualifications.
- Invest for the future: View solar as a long-term investment, not a quick fix. Quality installations yield significant returns over the system’s lifespan.
Don’t gamble with your solar journey. Embrace a future powered by the sun, but do so with informed choices and reliable partners. We can help you connect with reputable installers who fit your needs and budget. Take the first step towards energy independence ā let us guide you towards a solar solution that shines brightly for years to come.
Are you ready to invest in Solar Panels and convert to renewable energy?
If you are a UK homeowner and interested in learning more about the different types of Solar PV systems, contact our expert team today. By filling out our contact form, our team will provide you with a free no-obligation quote to install a bespoke solar PV system, catered to your energy needs. Call us on 01268 928 690 or click the ‘Enquire Now’ button below to claim your free no-obligation quote and solar panel system design.
Frequently Asked Questions about Solar Panels
The short answer is yes. Solar panels can cut 70% off your energy bills, and that proportion is growing as gas bills rise. No wonder installations have risen by 45% in the last three years, and shot up by 80% in the last year alone. But solar panels are an investment.
1-2 bedroom property, 8 solar panels generating about 2,100 kWh a year.
3 bedroom property, 12 solar panels generating about 3,100 kWh a year.
4-5 bedroom property, 16 solar panels generating about 4,200 kWh a year.
The answer depends on how much you pay for the solar panels, how much your electricity would otherwise cost, how much green energy the panels make from the sunshine you get, and whether you have a battery installed or not. The average payback period for solar PV is coming down and can be about 10 to 20 years depending on your system.
The industry standard for most solar panels’ lifespans is 25 to 30 years. Most reputable manufacturers offer production warranties for 25 years or more. The average break even point for solar panel energy savings occurs six to 10 years after installation.
Whilst there is no hard and fast rule as to how much value solar panels can add to the overall value of your property, suggestions range from 4% to 14% on average and they are certainly unlikely to detract from the value of your home, even if they aren’t the most attractive feature visually.
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