Is It Worth Having Solar Panels?


Is It Worth Having Solar Panels


Solar panels aren't just an environmental boon, they cut your electricity bills and pay you for generating energy too. However, the amount you can earn from them will likely soon drop again, so if you're mulling it, it's worth deciding whether it's right for you soon.


If you installed a 3kW system, you can approximate that, based on an average amount of sunlight, the system would create 450 kWh per month—about half of your monthly electric bill. Estimating that bill at £100, your initial investment will save you approximately £50 a month for the life of your solar panel system.