Solar and Renewable News
News, events and updates
According to studies made by the European Photovoltaic Industry Association (EPIA), solar energy is likely to become the primary source of power within the next 20 years. With the photovoltaic industry continually and consistently bringing down production costs, the price of solar panel installation halved between 2006 and 2010
Solar panels are, without doubt, the best way to reduce your carbon footprint, add some value to your home and make some money – all at the same time. However, despite the long-term advantages they offer, some people are still put off by the short-term outlay. Installing solar panels isn’t inexpensive, but when you offset the advantages against the disadvantages, it’s easy to see that they’ll pay for themselves over time and can even make you profit. Despite this, there are those who attempt to build their own solar panels, assuming that it will save them money. The short answer is that it won’t – and here’s why.
Solar panels are bought as a long-term investment and you want to work at their optimum best throughout their lifespan. The most critical part of a solar panel’s lifespan begins at installation; if the job isn’t done thoroughly and properly, then your investment could start costing you,
At MIG Renewables, one of the questions we hear most often is “How much is this going to cost?” It’s an understandable and sensible question; solar panels are a long-term investment that are not inexpensive. However, they’re among a handful of investments that will not only pay for themselves over time, but can also make you money and add to the value of your home
When the Government initially introduced the Feed In Tariff, homeowners could easily expect to make around £1,100 per year – and that’s without factoring in the cuts to their electricity bills. However, since the freeze in the rate of inflation, those profits are considerably less…