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Jun 18, 2024

Solar Panels in London. Are they worth it?

By Robert Wheeler

Think about this for a minute: you wake up to a gloriously sunny day in London. Perfect for a stroll in the park, right? But what if that sunshine could do more than brighten your mood – what if it could brighten your wallet too? With solar panels in London, that’s exactly what can happen.

London homeowners are increasingly looking to solar panels in London to slash their electricity bills. But is the investment worth it? Let’s break down the numbers and explore some hidden benefits you might not have heard about.

Dokov Install Complete London
Completed Solar Panel System Install in London, UK

Sun-sational Savings

Let’s talk money. The good news is, London receives enough sunshine throughout the year to make solar panels in London a worthwhile investment. A typical 3.5 kW (10 x 350kW) solar panel system array in the capital can generate around 2,370 kilowatt hours (kWh) of electricity annually. This translates to potential savings of up to £660 a year on your electricity bills. Over a decade, that’s a significant chunk of change!

The SEG Tariff: How to Turn Sunshine into Cash

Here’s a secret most websites won’t tell you: the Smart Export Guarantee (SEG) scheme can turn your unused solar energy into cold, hard cash. With the SEG tariff, you get paid for the electricity you export back to the National Grid. This means even on days when you’re not home to use all the power your solar panels in London generate, you’re still earning money. Talk about sunshine turning into profit!

Beyond the Break-Even Point: Long-Term Gains

While you might not see immediate returns, the beauty of solar panels in London is their long-term benefit. The average payback period for solar panels in London is around 15.2 years. That means after a little over a decade and a half, you’re essentially getting free electricity, on top of the money you’ve already saved through reduced bills and SEG tariff payments. Imagine the money you’ll save over the lifespan of the panels – it could be substantial!

16 Solar Panels & Battery fully installed from £8,500. Free Assessment, No Sales Person At You Door!

Less Talk, More Savings: Get a Free Quote

Wondering if solar panels in London are right for your London home? Here at NXTGEN Energy, we help homeowners across London unlock the money-saving potential of solar power. We can provide a free, no-obligation quote and solar panel system design tailored to your specific needs and roof space. So, why not ditch the rising electricity costs and let the sunshine pay your bills? Could solar panels in London be your golden ticket to energy independence? Get in touch and find out today!

Conclusion

Living in London, you should get solar panels for saving money on your energy bills, producing your own green power, and cutting down your carbon emissions.

Feeling ready to invest in Solar Panels in London? Want to learn more? Your best option is to talk to one of our friendly solar energy experts on 01268 928 690 or click on the button below and we will help you find the right fit for your London home and budget. Remember we are both an MCS Certified PV (Panels) Installer and an MCS Certified Battery Storage Installer. MCS Certification is a mark of quality. Our membership of MCS demonstrates our strict adherence to these recognised industry standards; highlighting quality, competency and compliance.


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