Berlin-based climate research institute Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study indicating that, in the last decade, the cost of solar power has dropped by 87 percent, and the cost of battery storage by 85 percent.
Solar power and storage prices have dropped almost 90%::undefined
UK its partly roof size/shape limiting the amount of panels you can get in the optimum location, partly the weather, and partly install costs.
If its going to take me 8 years at least to pay back vs. not having it I am not going to bother. Some people got lucky with lifetime buy back rates for the panels to the grid so they made bank of theirs with 50p a kwh ( and electric was around 24p a kwh to buy from the grid) but those rates got cut to like 4p a kwh, when even a cheap EV tarrif is like 9p a kwh
There are some finance deals available from the likes of Eon but its hardly high end gear, which I think is needed to make the most of the UK roofs and UK sun. Time you start paying interest on it, it becomes an even worse deal.
I would save more money by just having a battery installed and charging it on my EV tarrif overnight.
UK its partly roof size/shape limiting the amount of panels you can get in the optimum location, partly the weather, and partly install costs.
If its going to take me 8 years at least to pay back vs. not having it I am not going to bother. Some people got lucky with lifetime buy back rates for the panels to the grid so they made bank of theirs with 50p a kwh ( and electric was around 24p a kwh to buy from the grid) but those rates got cut to like 4p a kwh, when even a cheap EV tarrif is like 9p a kwh
There are some finance deals available from the likes of Eon but its hardly high end gear, which I think is needed to make the most of the UK roofs and UK sun. Time you start paying interest on it, it becomes an even worse deal.
I would save more money by just having a battery installed and charging it on my EV tarrif overnight.