With power prices at record highs in Britain, the potential of domestic solar power has gained particular interest over the past year.

Installers are reporting record high interest, with many struggling to meet the demand they are seeing, as homeowners look to generate, use and sell electricity on their roofs.

In 2020, the Smart Export Guarantee (SEG) legislation came into effect, meaning that suppliers with more than 150,000 domestic customers were required to launch an export tariff. This is designed to support a competitive export market, both encouraging households to adopt renewable energy to reduce their bills and provide additional sources of clean energy to the grid.

There are 13 suppliers that currently offer SEG tariffs, with the highest tariff available from Octopus Energy at 15p/kWh for its Fixed Outgoing tariff.

But what is it like to have a domestic solar installation? Gridcog modelled an asset for Solar Power Portal, breaking it down to look at the details of a typical installation to demonstrate what the payback period would look like.

Read more: solarpowerportal

It’s Time to Go Green!

If you would like to know more about Solar Panels and the PowerBanx range of home battery systems, and get a free instant quote, please complete our online form: