Solar Panel Costs Down
Saturday, August 28th, 2010Solar panel costs are set to come down if new figures from British Gas are to be believed.
British Gas reckons that the roofs of UK homes could earn upwards of £7 billion, with individual houses earning from between £600 and £1,000, effectively slashing the solar panel costs. The cost of buying a solar panel could, they believe, be completely made back by using the solar panel itself, making this piece of technology certainly worth a thought.
The report believes that over 12 million households are in fact equipped with roofs that would benefit from solar panels. Once fitted, the solar panel would then be responsible for producing electricity that could meet half of the household’s needs.
The Government’s Feed-in Tariff scheme has been developed to encourage their use, with the programme paying owners of the solar panels for the electricity they generate. Households with a solar panel could therefore earn up to £600 a year from having the solar panels installed on their roofs, and those which can accommodate bigger systems could get up to £1000.
Carbon savings are of course the biggest benefit from using solar panels; the average solar panel on a household roof can save up to 692kg of CO2 per year. If every house were to take on a solar panel, then the UK would save roughly 8.5 million tonnes of Co2; an impressive figure for a relatively small nation.
After a period of piloting schemes, British Gas have announced that they are putting a big push behind the offering of solar power to British households. mySolar Energy is believed by British Gas to be the new way forward in solar power, providing end-to-end solar installation service, as well as carrying out assessment of energy consumption in homes, installing the solar panels, and issuing a CEPP (Certificate of Expected Panel Performance) to homeowners should they wish to sell their home. On top of this, British Gas is working with the new government to entwine their offer with the Feed-in Tariff.
British Gas hope to offer two ways in which customers can get involved with using solar power; the first involves British Gas installing the panel at no cost, but claiming the Feed-in Tariff from the solar panel. However, the householders get to benefit from the electricity their panel generates; this has been dubbed the ‘rent a roof’ scheme. The second way in which people can engage with this new idea is to buy the solar panels up front from British Gas, and claim the Feed-in Tariff for themselves; for this, a two year 0% APR has been offered.
Solar panel costs are no longer a thing of myth and legend with British Gas’s new research and report, as well as its push for a more solar-panel oriented nation. They argue that the benefits of having a solar panel vastly outweigh any negatives that customers may have heard, and point to the success of the pilot schemes.
Guest Article by Neil Camp




My name is Alan Potts and I'm the Editor of the Gasboiler-BUYability web site and Managing Director of BUYability Limited. You can connect with me or keep up to date with new posts on this blog via the following social media sites: 








