How do I finance a solar PV installation?

The most cost-effective way to finance the installation of solar PV panels is to pay in full using your own savings. If you're unable to pay upfront, you could consider a loan or remortgaging.

Are solar panels a good investment?

Getting solar panels isn’t just better for your wallet, it’s also a step to reducing reliance on fossil fuels. Because solar energy produces no emissions, it’s a great way to lower your carbon footprint and improve the energy efficiency rating (EPC) of your home. And as it’s a renewable source of energy, it won’t run out.

Should you store solar energy and use it yourself?

The price you're paid for each unit of energy you export to the grid is usually much lower than the price you pay your supplier for electricity. So, economically, it makes more sense to store the solar energy and use it yourself – with E.on saying a household with a battery could use 30% more of the electricity they generate themselves.

Should you buy a solar PV system for your home?

Well-chosen solar panels can provide a reliable source of renewable electricity for decades, helping to slash your electricity bills and cut your carbon footprint. But buying an inappropriate solar PV system for your home could leave you out of pocket.

Why should you choose a solar panel system?

Sunlight is free, so once you’ve paid for the initial installation, your electricity costs will be reduced. Solar electricity is low carbon, renewable energy. A typical home solar panel system could save around one tonne of carbon per year, depending on where you live in the UK.

Do solar panels run out?

And as it’s a renewable source of energy, it won’t run out. Installing a battery with your solar panels makes your system more energy efficient by storing excess energy that’s generated during peak sunlight hours. Your home can then use this power when your panels aren’t making energy – reducing your reliance on the grid.