With a growing concern for the environment, we often speak about the green credentials of
solar power. But equally important, if not more, are the financial benefits that come with
switching to Solar PV systems. So, is solar truly a good investment? The answer is a
resounding yes, and here’s why…
The Declining Costs and Rising Rewards of Solar PV Systems
Over the past decade, the cost of solar panels has fallen drastically – by over 88%. This
reduction, coupled with the continually rising costs of conventional electricity, presents an
increasingly favourable case for solar investment. Additionally, Solar PV systems are
currently VAT-free, allowing you a further reduction of 20%. These factors make the initial
investment in solar more affordable than ever before.
Feed-In Tariffs and The Smart Export Guarantee
Solar PV systems don’t just enable you to generate your own electricity; they can also
become a source of income. The UK’s Smart Export Guarantee (SEG) scheme requires
energy suppliers to pay small-scale, low-carbon generators for electricity exported to the
National Grid. Therefore, any surplus energy your Solar PV system generates can be sold,
creating an additional revenue stream.
Adding Value to Your Home with Solar PV Systems
Investing in a Solar PV system isn’t just about saving and earning money—it can also
enhance your property’s market value. Recent studies have shown that 76% of homebuyers
are more inclined towards properties with energy-saving measures in place. By installing a
Solar PV system, you could increase your property’s value by up to 14%, making it a win-win
proposition.
Make the Switch with Orchid Energy
Transitioning to Solar PV systems isn’t just a step towards sustainable living—it’s a financial
strategy for the future. Orchid Energy is here to help you crack the financial code and make
the most of your solar investment. Reach out to our team at 01483 963711 or
info@orchidenergy.co.uk to start your journey towards a greener and more financially
sound future.