Solar is still a great investment with returns of 12.5% which beats most savings rates. The return is even higher on new builds.
Numbers updated 22 November 2017
Item | Value |
---|---|
Payback | 8.0 years |
Return on investment | 12.5% |
Government incentives | £6,463 |
Savings on electricity bill | £6,998 |
Cost of 4kW PV | £5,404 |
Profit | £8,058 |