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UK Solar Panels Cost & Earnings

July - Sept 2015 UK Solar Panels Cost, Payback Period & Earnings Are They Really Worth It? BANK Average Cost & Return ..... ..... • The price of a 4kWp solar PV system specified by the Energy Saving Trust (prices can vary between installers) €6,700 The average Internal Rate of Return (IRR) from a 4kWp solar PV system in the UK calculated over 25 years 10.2% What You Could Save In Your First Year $ $5 ... Shetland £597 £586 Orkney " Kirkwall Lerwick £630 Western Isles Wick Stornoway Map Key £597 £570 - £600 Inverness £601 - £630 £617 £631 - £660 Aberdeen £661 - £690 £629 Dundee £691 - £730 £621 Berwick upon Tweed Glasgow UK Average Edinburgh. £653 - Ayr £645 £656 Stranraer Newcastle £645 upon Tyne Londonderry £644 Belfast - Carlisle Middlesbrough £656 £653 York Leeds Blackpool Hull £656 Manchester Sheffield Anglesey Liverpool £651 Chester Derby ▪ - Lincoln' £656 Nottingham Caemarton Shewsbury £640 Norwich Leicester Birmingham - Northampton £702 Aberystwyth £687 "Hereford Cambridge Swansea Colchester Cheltenham Oxford Luton Milford £664 Cardiff £684 Reading Haven Swindon Bristol £664 London Canterbury Salisbury - £730 £721 Dover Portsmouth Exeter Bournemouth £708 Brighton Plymouth Isles of Scilly How Long It Will Take To Pay For Itself Y = Years Shetland M = Months 9Y 11M 10Y 1M Orkney Kirkwall Lerwick 9Y 6M Western Isles Wick Stornoway, Мар Key 1 9Y 11M 8Y - 8Y 6M Inverness 8Y 7M - 9Y 9Y 8M Aberdeen 9Y 1M - 9Y 6M 9Y 7M - 10Y 9Y 6M Dundee 10Υ 1 Μ-10Υ 6M 9Y 7M Glasgow UK Average Edinburgh 9Y 2M 9Y 3M Ayr 9Y 2M - Stranraer Newcastle 9Y 3M upon Tyne Londonderry 9Y 4M Belfast Carlisle Middlesbrough 9Υ 2M 9Y 2M York Leeds Blackpool Hull 9Υ 2M Manchester Sheffield 9Y 3M Lincoln Anglesey Liverpool ►Chester Derby ▪ 9Υ 2M Nottingham Caemarton Shewsbury 9Y 4M Norwich -Leicester Birmingham - 8Y 7M Northampton Aberystwyth, 8Y 9M Hereford Cambridge Swansea Oxford Colchester Cheltenham Luton Milford 8Y 10M 9Y Haven Swindon Reading Cardiff Bristol 9Y London Canterbury Salisbury - 8Y 4M Portsmouth 8Y 5M "Dover Exeter Bournemouth Brighton 8Y 7M Plymouth Isles of Scilly What You Could Earn Over 25 Years Shetland £16,695 £16,388 Orkney " Kirkwall Lerwick £17,616 Western Isles Wick Stornoway, Мар Key £16,695 £16,000 - £17,000 Inverness £17,001 - £18,000 £17,258 £18,001 - £19,000 Aberdeen £17,591 Dundee £19,001 - £20,000 £20,001 - £21,000 £17,374 Glasgow Berwick upon Tweed UK Average Edinburgh £18,271 Ayr £18,038 Newcastle £18,345 £18,038 upon Tyne Londonderry £18,013 Stranraer Belfast Carlisle Middlesbrough £18,345 £18,270 York Leeds Blackpool Hull £18,345 Manchester sheffield Anglesey Liverpool Chester Derby ▪ Nottingham £18,205 - Lincoln Caemarton £18,345 Shewsbury £17,898 ▪Leicester Norwich Birmingham▪ £19,638 Aberystwyth £19,216 Northampton Hereford Cambridge Swansea Oxford Colchester Cheltenham Luton Milford Haven £19,125 Reading £18,577/ Swindon Cardiff. Bristol 18,577 London Canterbury Salisbury - £20,444 Portsmouth £20,162 Brighton Dover Exeter Bournemouth £19,804 Plymouth Isles of Scilly ..... ..... The Profit You Could Make Over 25 Years ... .... Shetland £9,995 £9,688 Orkney " Kirkwall Lerwick £10,916 Western Isles Wick Stornoway Мар Key £9,995 £9,000 - £10,000 Inverness £10,001 - £11,000 £10,558 £11,001 - £12,000 Aberdeen £12,001 - £13,000 £10,891 Dundee £13,001 - £14,000 £10,674 Glasgow UK Average Berwick upon Tweed Edinburgh £11,571 Ayr £11,338 Newcastle £11,645 £11,338 upon Tyne Londonderry £11,313 Stranraer Belfast Carlisle Middlesbrough £11,645 £11,570 York Leeds Blackpool Hull £11,645 Manchester Sheffield Anglesey Liverpool £11,504 - Lincoln' Chester Derby ▪ £11,645 Nottingham Caemarton Shewsbury £11,198 Norwich Leicester Birmingham - £12,938 Aberystwyth £12,516 Northampton "Hereford Cambridge Swansea Colchester Oxford Cheltenham Luton Milford Haven £12,425 Reading £11,877 Swindon Bristol 11,877 Cardiff London Canterbury Salisbury - £13,744 Portsmouth £13,462 Brighton Dover Exeter Bournemouth £13,104 Plymouth Isles of Scilly The Return On Investment (IRR) Over 25 Years ••.. ... Shetland 9% 8.8% Orkney " Kirkwall Lerwick 9.7% Western Isles Wick Stornoway Мaр КKey 9% 8% - 9% Inverness 9.1% - 10% 9.5% 10.1% - 11% Aberdeen 9.7% 11.1% - 12% Dundee UK Average 9.6% Berwick Glasgow 10.2% Edinburgh upon Tweed 10% Ayr Newcastle 10.3% 10% upon Tyne Londonderry 10% Stranraer Belfast - Carlisle Middlesbrough 10.3% 10.2% York Leeds Blackpool Hull 10.3% Manchester sheffield Anglesey Liverpool Chester Derby ▪ Nottingham 10.2% - Lincoln 10.3% Caemarton Shewsbury Norwich 9.9% ▪Leicester Northampton Birmingham 11.2% Aberystwyth 10.9% Cambridge "Hereford Swansea Colchester Cheltenham Oxford Luton Milford 10.4% Cardiff 10.8% Reading Haven Swindon Bristol London 10.4% Canterbury Salisbury - 11.7% 11.5% Dover Portsmouth Exeter Bournemouth Brighton 11.3% Plymouth Isles of Scilly ... Assumptions & Sources Assumptions 1. FIT eligibility date: 01 July 2015 to 30 September 2015 2. Solar panel system rating: 4 kWp 3. Roof pitch: 40 degrees 4. Roof orientation: Šouth facing 5. Roof shading: Little to no shading 6. Property EPČ rating: Band D or better 7. Monthly electricity bill: £55 8. Electricity price per unit: 14.05p/kWh 9. Annual FIT rate adjustments due to changes in RPI: 3.26% (based on past 25 years) 10. Annual rise in electricity (imported): 4.56% (based on past 19 years) 11. Local solar radiation, ambient air temperature and wind speed taken into account 12. FIT payments calculated over a time period of 20 years 13. Electricity bill savings calcuated over the system's lifetime of 25 years 14. Decrease in system performance of 20% over 25 years taken into account 15. System losses of 20% taken into account Sources 1. Regional solar potential data : Energy Saving Trust (energysavingtrust.org.uk) 2. Historic RPI & İnflation data: Office for National Statistics (ons.gov.uk) Embed this infographic on your website by going to: http://bit.ly/solarlinker1 SolarLinker ------ ---------- ---i..----

UK Solar Panels Cost & Earnings

shared by SolarLinker on Jul 16
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The most comprehensive infographic on UK solar PV earnings, profit, payback period and ROI by region!

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