Approximately 9,400kWh of this energy was generated by solar power.
Over the past year, Andy has paid his provider Octopus £886 for the 7,089kWh extra electricity he needed to power his home. He has also paid £330 for gas.Andy took out a £4,500 loan out for his solar panels with Allium Money. He has to make a minimum monthly repayment of £53, which means he would pay £1,938 in interest.He has a 30-year warranty on the panels, but said solar panels should last 40 to 50 years.
But there is a catch to using the solar panels - Andy's energy usage is higher than average because he's using electric heaters to warm his home to avoid switching on his gas central heating.Andy is on an Octopus Go tariff, which means he is charged a separate rate for electricity used during the day, compared to during the night.
Homes with solar panels that produce more energy than they use can also choose to sell power back to the grid - this could leave some households in profit. And while the cost of electricity has soared in recent months, the price households are being paid for selling excess power has not kept up with the rising rates.
ROI?
Hes paying £1,938 in interest, so he's spending 700£ a year more ? Solar panels are definitely a long-term investment.
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Basically not worth the hassle. 10-15 years to break even.
But it cost him £13,000 to install.
В. ГАЙФУЛЛИН, БАЙДЕНУ: ДЖОЗЕФ, ДО СИХ ПОР ПОЧЕМУ НА СВОБОДЕ ЧУБАЙС?
What's the cost of installation?