Solar savings

How much will solar panels save me?

One of the biggest benefits of solar panel installation is the major energy savings it makes possible. In an era where energy prices are at an all-time high, most householders and business property owners would try anything to reduce their expenditure. Thankfully, Halo solar PV offers the answer!

According to the latest government research, solar panels save property owners up to £580 per year. That’s a total of £14,500 over the lifetime of the average solar PV system.

How much you save exactly depends on several factors:

  • The type of solar panels you install
  • Your property’s overall electricity consumption
  • The scale of your solar PV system
  • The angle of the installation site
  • The site of the panels (shaded or unshaded)
  • How much you sell back to the grid
  • The use of battery storage

Should I have PV with or without battery storage?

Increasing the efficiency of your solar panels and boosting those energy savings further is simple with our battery storage solutions. By adding battery storage to your solar panel system, you can reduce your reliance on energy providers around the clock and save 30% more on your energy bills.

As the name suggests, solar batteries store any electricity generated that can’t be used right away. You can then tap into these supplies as and when you need to.

The use of a solar battery will also dictate when you recover the cost of solar panel installation. For a 6kW solar system, it could take around 14 years to break even without a solar battery, or 10 years to recover initial costs with solar battery storage.

Ready to reduce your energy costs?

Powering your home with solar and making some significant energy savings is possible with our help. Our commercial and residential solar specialists can guide you through the process, from inception to installation and beyond.

Get in touch with our team today to find out more or to request a free, no-obligation quotation.

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