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Considering solar panels – everything you need to know!

Published on July 2nd 2018 by knightwest

Knight West estate agents in Colchester, talk you through the benefits of solar panels and how they will add value to your property.

Do you want to cut your bills due to the rising costs of energy products but not sure how you can achieve it? Solar panels are becoming more and more popular throughout the UK. So here is everything you need to know about solar panels for your home. 
What are solar panels?
Solar panels generate energy by converting sunlight into electric current or heat that can be used to provide electricity to your home. It is vital that you get the sun in your garden if you are thinking about getting solar panels to get the most out of them. 
How do solar panels work?
There are two different types of solar panels, Solar PV Systems and Solar Thermal Systems. Solar PV Systems work by converting sunlight into electricity through the solar photovoltaic (PV) effect.  The Solar Thermal System works best at its peak with direct sunlight. The suns energy is absorbed and converted into heat so it can either heat your home or hot water tank. 
What are the advantages and disadvantages involved in solar panels?
•    High Savings
•    Renewable Energy Source
•    Energy Benefits 
•    Low carbon footprint 
•    Easy to maintain 
•    Easy replacement 
•    Long Life Span
•    Property Value 
•    A Silent System 
•    High Installation Cost 
•    Absorbs sunlight during the day
•    Costly Storage 
•    Requires large space 
•    Hidden Pollutants 
•    Location 
Savings and costs involved in solar panels
The cost involved when installing solar panels fall between £5,000-£8,000. Solar panels are an investment, even though the initial cost may be expensive, to begin with, you will reap the rewards for years to come. On average you can save between £65-£80 per year on your energy bills.
If you are selling your home that has solar panels fitted you could raise your property value by more than £16,000. Every house in the UK needs to have a valid EPC (Energy Performance Certificate). Solar panels can add value to your home by raising the house’s EPC grade. 
If you’re thinking of putting your property on the market, contact us to arrange a free valuation!