Green, renewable technologies are becoming more popular as Joe-Public starts to see more solar panels on the rooftops of homes around the country and starts to think about the possibilities for their own homes.
Different forms are renewable energy can be installed near the home for an unending supply of electricity for your power needs. These include solar power, wind power, hydroelectricity and micro combined heat and power. Hydroelectric power is expensive to install, but both wind and solar power hit the sweet spot with installation costs for a 3kWh system coming in at between £6,000-7,000.
It is possible the borrow money in order to pay for the installation of renewable energy generation. A home loan from a bank or building society that happily lends to home owners with good credit for green improvements or a Green Deal loan which can pay for a long list of green changes throughout the interior and exterior of the property.
On of the best reasons to consider installing renewable energy besides the reduction in air pollution, is the the money that can be made from making the switch to green energy.
How much can be made with installing green energy depends on large of a system is installed.
Wind turbines that are small enough to be roof-mounted can each generate about 1kW and cost approximately £2,000 each. A freestanding wind turbine on the back lawn can generate between 2.5 to 6kW or electricity and costs £15,000 to £22,000.
Solar power installations on a rooftop that can deliver between 3 to 4 kW will cost approximately £7,000.A solar panel installation will usually need at least 12-15 panels in order to generate so much electricity, so a roof needs to be large enough to accommodate this.
The Feed-in Tariff is a scheme which rewards participants in renewable energy generation by paying for each kilowatt of energy produced. The solar panels uk feed in tariff can be a good little earner over time.
Money is earned for both the energy produced by the system and also the energy that goes unused and is sold to the Grid for use by other people within the UK's shores.
The tariff payments are different depending on which type of renewable energy has been installed (wind power, solar power, etc). The rates actually changed in 2013 from 35.8p for large wind turbines and 28p for smaller turbines, down to 21p instead. The tariff rate for solar PV panels dropped only marginally.
With homes that overall have an energy-saving rating of below D from their energy performance report (which comes from a survey by a Green Deal scheme surveyor), the tariff pays out about half.
Improve the Energy-Saving In the Home Too
Whilst generating renewable energy is a great idea, it does no good if the home has so many energy hungry devices, poor wall insulation and other no-no's that lose so much energy that they cost a bundle. Whilst changing to renewable energy, it is best to overhaul the interior of the home too. A Green Deal is comprehensive and can offer finance to cover such wide ranging improvements.