‘Free’ solar panels not such a great deal
An article from Which? that explains who really benefits from ‘free’ solar panels:
The consumer champion found that even in the sunniest far South West of the country, ‘rent-a-roofers’ would only save a maximum of £412 a year off their electricity bill. The company supplying the solar panels, on the other hand, would get £1,313 from the government’s feed-in-tariff (FIT), an incentive scheme that gives money for renewable energy.
Which? recommends that anyone interested in saving carbon and benefitting financially from the Feed-in Tariff initiative should instead purchase the panels outright, via their own savings or by taking out a personal loan. This means that the individual would be ‘thousands of pounds better off in the long run as they would receive the lucrative FIT income for themselves’.
Visit the Sun Switch website to see just how much you could make by installing a solar PV system on your roof. You can also read about other solar myths.
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