It's exactly 10 years since our solar panels were commissioned on 19th November 2011
We've now generated 32528 kWh of electricity in that time so an average of 3250 kWh per year.
Our panels paid for themselves in 5 years and we still have another 15 years of Feed in Tariff payments to come, all of which are index linked. The current payment is 58p per kWh generated which looks like it might increase by 6% in April 2022.
The total FIT payments received so far is £16869.12 which includes the export payments as well. We have also had electricity costing approximately £4500 to use as well. The system cost £9000 so taking into account the electricity that we've saved it's been a very good investment.
Have you got a solar PV system installed? How do you find your generation in comparison? Is our production exceptional or similar? Please give your feedback in the comments below
|10 Years of Solar Panels - How Much Electricity Generated & Money Made?|