Solar PV is a massive industry, now worth billions every year. Large financial backers have gotten in on this opportunity, and many of them are now making attractive returns. On the other end of the scale, households and small businesses are using solar PV to cut their bills and reduce overheads. What big investors and tiny businesses have in common is the need for knowledge about solar PV.
You might have heard that solar PV systems can provide big returns and big savings. On the other hand, it’s a large investment. These two factors need to be weighed up carefully to decide if solar PV is right for you. Read on to learn how you can evaluate solar PV investment opportunities.
If you decide to go ahead with your solar PV investment, another consideration will be making the most of your system. Learn how grants and feed-in tariffs can help you to do this.
If you have any questions or tips make sure to leave a comment.
Solar panels save you money on electricity. But how much money? You can estimate your savings with the calculator at the end of this page. But wait! Read the article first so you’ll be well-informed about what numbers you should plug in to get the most accurate estimate of your savings. Because savings will not …
Solar Panel Savings Calculator for Irish Homeowners Read More »
NPV Calculator Formula The Solar NPV calculator is based on the formula: Where: NPV = Net Present ValueCIns = Installation CostCRep = Cost to replace the inverter at year 15i = Future value discount ratep = lifespan of the solar panel systemG1 = Electricity price in year 1PS = Price of electricity for self consumptionS …
Watch the video and read the article below to find out how much solar panels should cost in Ireland. We’ll also explain how to get quotes for quality solar panels in Ireland. Solar Panels Cost Guide Solar panels cost around €5,000 to €15,000 for houses in Ireland. A grant can bring this down to €3,200 …
Note: The easiest way to calculate solar NPV is with our handy Solar NPV Online Calculator. Solar PV is a big investment, and you need to carefully consider the cost and return before going ahead. Net Present Value (NPV) is a calculation that can help you to decide if solar PV is a good idea …
Calculating Net Present Value for Solar PV Systems (For Businesses) Read More »
The Problem Solar PV can be a lucrative investment for commercial electricity users. Many businesses have the perfect combination of high electricity use and lots of roof space. Economies of scale also help with the cost-effectiveness of large commercial systems. Put together, these factors can translate into a very high rate of return from commercial …
Payments for surplus solar electricity in Ireland start from June 2022. And already, one supplier is offering to pay homeowners €0.135 per unit exported. So read on to learn all about solar export payments in Ireland. A little background to solar export payments Solar panels can provide most of the electricity for a typical home. …
Selling Surplus Solar Electricity to the Grid in Ireland Read More »
You can now get an SEAI grant of up to €2,400 for solar panels in Ireland. This reduces the upfront cost of solar, making it even easier to slash your electricity bills. Here are the details: Who Qualifies for the Grant? Homeowners The SEAI solar panel grant is now available for all houses built before …
