Solar Panels for Swansea home
|20 year Return||£10,000|
|Payback||11 years (9% return)|
|Cost||£5,000 - £7,000|
|Bill Saving||£200 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 (20 August, 2015) or, for our heating products, the existing fuel type available to the property.
This Swansea homeowner, viewed solar as ethical investment, which would provide a return whilst also supplying him with free electricity. He was also interested in monitoring the panels performance using a web portal. EnergyMyWay carried out a survey of the property and made recommendations on the most appropriate system.
We installed 10 Hyundai 250w panels with a SolaX inverter (inc. 20 year warranty). The inverter was externally mounted on a north facing wall, so as not to take up valuable space in the property. The customer also enjoys the built-in wifi monitoring offered by the inverter and the Solarman PV web portal.
‘It makes so much sense to generate your own electricity and also profit from generous Government subsidies. EnergyMyWay did a fantastic job of guiding me through the process and helped me understand the financial benefits on offer.’ Mr Bell