Price Guide & StatisticsSolar Panel Systems Cost /Benefits Analysis basedon figures produced by The Energy Savings Trust. No allowance has been made for the future rising cost of energy www.energysavingtrust.org.uk |
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| Size of the installation with Suntech 245w mono panels | Watts Peak of system (no of panels x 245w) | Estimated generation in Kw hrs per annum as per The Energy Saving Trust | Annual savings if 75% of the power generated is used in the home-note (a) | Annual Clean Energy Cash Back (C.E.C.B.) at 21 pence per Kwhr generated | Annual tax free index linked earnings and savings | Totally Installed Standard System Cost including V.A.T. | Total Payback over 25 yrs (25 x col 6) (excluding inflation) |
6 Panels |
1470 |
1278 |
£158.32 |
£447.00 |
£605.32 |
£5,995.00 |
£15,133 |
8 Panels |
1960 |
1705 |
£177.32 |
£515.00 |
£692.32 |
£6,995.00 |
£17,308 |
10 Panels |
2450 |
2130 |
£221.52 |
£577.00 |
£798.52 |
£7,995.00 |
£19,963 |
12 Panels |
2940 |
2556 |
£204.48 |
£647.00 |
£851.48 |
£8,995.00 |
£21,287 |
14 Panels |
3430 |
2982 |
£310.12 |
£725.00 |
£1035.12 |
£9,495.00 |
£25,878 |
16 Panels |
3920 |
3408 |
£354.43 |
£812.00 |
£1166.43 |
£9,995.00 |
£29,160 |
18 Panels |
4440 |
3860 |
£401.44 |
£933.08 |
£1335.24 |
£10,995.00 |
£33,381 |
a) Based on average cost of electricity at 13p per Kwhr
b) The F.I.T. and the C.E.C.B. payments are linked to the Retail price index and increased annually
c) All benefits of the P.V. System are tax free to the home owner and do not count as income
Statutory disclaimer: The performance of solar PV systems is impossible to predict with certainty due to the variability in the amount of solar radiation (sunlight) from location to location and from year to year. This estimate is based upon the Government’s standard assessment procedure for energy rating of buildings (SAP) and is given as guidance only. It should not be considered as a guarantee of performance.
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