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Electricity Use With Solar Panels

I have just been asked about solar panels in a domestic environment and not wanting to guess and likely get it wrong, thought best to ask here.


With solar panels are you paid for what you generate in total, ie the output from the inverter? Or are you paid for the net amount that you actually export ie the difference between the inverter output and whatever is being used in the property?  


Thanks.

Clive



Parents
  • As I have suspected for some time, I missed the boat long ago.


    Cost of a 4 kW array seems to be about £6000 fitted. However, most generation will be in the summer when you may not be able to use it all. If you buy at 15 p per unit and sell at 5 p, that doesn't work very well.


    Material on line suggests a return of perhaps 5% over 20 years, but what is the life of a panel?


    New premises yes, old ones no!
Reply
  • As I have suspected for some time, I missed the boat long ago.


    Cost of a 4 kW array seems to be about £6000 fitted. However, most generation will be in the summer when you may not be able to use it all. If you buy at 15 p per unit and sell at 5 p, that doesn't work very well.


    Material on line suggests a return of perhaps 5% over 20 years, but what is the life of a panel?


    New premises yes, old ones no!
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