There are a number of benefits to installing solar thermal panels. It’s common knowledge that they provide a large proportion of your annual hot water needs. However, there’s more to this renewable technology than meets the eye. Here, we go through some of the other benefits to a solar thermal install that make them such an attractive investment.
Advantages of a solar thermal install
- Solar thermals generate 100% of your hot water needs in the summertime: Hot water production is dependent on how much light your solar thermal install receives. In the summer, they should provide all of the hot water for your home. In the winter, it’s a lot less, however over the course of a whole year, roughly 60% of your hot water needs will by provided by your solar thermal install.
- Reduced energy bills: Due to the solar thermal install’s free hot water production, you’ll be paying a lot less annually for hot water through your energy bills.
- Reduces the carbon footprint of your home: this advanced technology uses free renewable energy to operate, so your home will be the cause of much less carbon dioxide production. In more practical terms, the Energy Savings Trust says that coal-fired homes will be saving approximately 540kg carbon dioxide each year with a solar thermal install.
- Robust equipment: since there are few moving parts and very little that can go wrong, a typical solar thermal install is predicted to last for 20 – 25 years. On top of that, they need very little maintenance (once every few years is recommended).
- Payback period: over the course of its working lifespan, solar thermal installs actually save homeowners money in the long run. The time it takes you to recoup the cost of the solar thermal installation will depend on your home’s location, the roof’s aspect and tilt, weather conditions etc. As standard practice, our proposals come with performance estimates along with the cost, so you can find out exactly how long it’ll take you to start benefitting financially.
- Relatively low upfront cost: the Energy Saving Trust estimates a typical solar thermal install to cost in the region of £4,000 – £5,000. However, you’ll be receiving a tax-free income from the Renewable Heat Incentive over the first 7 years after purchasing the solar water heating system.
- Versatile technology: with on-roof, in-roof and flat roof options available, solar thermal installs can suit a wide variety of applications.
- Quick to install: solar water heating systems usually have a quick turnaround time on installs. This is because there aren’t many parts involved in the system, and even if yours is a retrofit installation, solar thermals are usually easy to integrate with existing hot water systems.
- Much smaller roof space needed when compared to solar PV arrays: As a rule of thumb, every resident will need 1m² of solar thermal panel space on your roof.
- Increase your home’s property value: not only that, but solar thermal installs also raise the EPC rating of your property, and for new builds, they’re an effective means of adhering to modern building regulations.
Benefit to your Renewable Energy System
One of the main reasons we advise installing solar thermals in our proposals is the benefit they will bring to your renewable energy system. By significantly reducing the hot water demand placed on the heat pump, the whole system will run more efficiently and more cost-effectively. To find out more renewable energy systems and the value they bring to your home, click here to find out what we do.