Solar PV – How much businesses and consumers can save after everything is bought and installed #energy #solar

Solar PV ? How much businesses and consumers can save after everything is bought and installed

renewableenergymagazine.com 06 Aug '12, 11am

Solar PV – How much businesses and consumers can save after everything is bought and installed #energy #solar

Solar is getting cheaper and as a result more affordable. The tariff changes themselves highlight this. Once bought and installed both businesses and consumers can make significant savings through Solar PV. From Wednesday 1 August residential tariffs decreased from 21p/kWh to 16p, and typical commercial tariffs at the 50kW scale fell from 15.2p/kWh to 13.5p. Looking at this quickly you would think installing a solar roof now is probably not worth it. But this really isn’t the case, at all! As the tariffs are dropping, so is the price of a fully installed solar PV system. In recent years we have seen PV modules reduce in price by nearly four times. Other components are also dropping in price, such as inverters and solar mounting systems, which have benefitted from manufacturing improvements and a more competitive wholesale market here in the UK. On top of all this, installe...

Full article: http://www.renewableenergymagazine.com/article/solar-pv-a...

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