The answer to this question isn’t as easy as a yes or no, it is different for each individual & each property, this guide will look into solar panels and help you decide if they are a good fit for you. Electricity costs in the UK under the current government price cap are around 3x more expensive than they were in 2020, which means that the repayment period on solar panels is much quicker now, as you will be saving 3x more than you would have previously. The other thing to bare in mind is that keeping the price cap in its current position comes down to government intervention, in fact the bill payer is only actually paying around 2/3rd of the cost of a kWh of electricity, as 1/3rd is being paid for by the government, so if and when that government support is ended or reduced then the costs will rise up significantly. Without predicting the future, history shows that utilities prices have been rising faster than inflation and there are no signs of that changing soon, which in our view makes a solar system installation a very good investment.

The answer to this question isn’t as easy as a yes or no, it is different for each individual & each property, this guide will look into solar panels and help you decide if they are a good fit for you. Electricity costs in the UK under the current government price cap are around 3x more expensive than they were in 2020, which means that the repayment period on solar panels is much quicker now, as you will be saving 3x more than you would have previously. The other thing to bare in mind is that keeping the price cap in its current position comes down to government intervention, in fact the bill payer is only actually paying around 2/3rd of the cost of a kWh of electricity, as 1/3rd is being paid for by the government, so if and when that government support is ended or reduced then the costs will rise up significantly. Without predicting the future, history shows that utilities prices have been rising faster than inflation and there are no signs of that changing soon, which in our view makes a solar system installation a very good investment.

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