The Benefits of Installing Solar in Exeter, Devon: Why Now is the Perfect Time

If you are considering installing solar PV, now is the perfect time to do so. With the prices dropping and summer approaching, it makes for an ideal time to invest in this sustainable energy source. Would you like more information on the benefits and cost savings of solar PV installation?

1. Price Decrease

The cost of solar panels has decreased significantly over the past decade. In fact, according to the Solar Energy Industries Association, the cost of solar panels has dropped by more than 70% since 2010. This is due to advancements in technology, higher demand, and increased production efficiency. As a result, solar power is becoming a more affordable and accessible option for homeowners and businesses alike.

2.  Government tax credits & offers

The UK government provides several tax incentives and offers to encourage the use of solar panels. One of the main incentives is the Feed-in Tariff (FIT) scheme, which pays homeowners and businesses for the electricity they generate from solar panels and export to the grid. In addition, individuals and businesses can claim the Enhanced Capital Allowance (ECA) scheme, which allows them to offset the cost of installing solar panels against their taxable profits.

The government also offers reduced rates of VAT on the installation of solar panels, and homeowners can apply for the Green Homes Grant scheme, which provides vouchers to help cover the cost of installing energy-efficient measures, including solar panels. It's important to note that some of these incentives have eligibility criteria and deadlines, so it's essential to check the government's official website for the latest information.

3.  Summer time is here!

Installing solar panels is a great way to reduce your carbon footprint and save money on electricity bills. By installing them in the summer, you can take advantage of the longer days and increased sunlight to generate more energy.

Plus, by installing solar panels now, you'll be all set for the colder months when sunlight is more scarce. So, if you've been considering making the switch to solar, there's no better time than now!

Get in touch with us today to find out more about solar PV. We'd love to help you find the perfect solution.