16 panel Solar PV system for Southampton home
16 panel Solar PV system for Southampton home
| 20 year Return | £16,000 |
|---|---|
| Payback | 7 years (14% return) |
| Cost | £5,500 |
| Bill Saving | £200 p.a. |
| Income | £600 p.a. |
| Carbon Offset | 2,000 Kg p.a. |
Return is calculated using combined bill savings and subsidy earnings. Bill savings are calculated using estimated energy usage and either the electricity price at the time of installation (19 December, 2012) or, for our heating products, the existing fuel type available to the property.
Aware of the financial advantages of the Feed-in Tariff, Mr Sanger approached EnergyMyWay looking for the optimum Solar PV solution that would generate tax-free income and minimise future energy bills.
EnergyMyWay installed the optimum 4kW system on the customers South East facing roof, which is expected to generate over £800 of income from subsidies and savings for Mr Sanger, every year for 20 years.