Monday, June 24, 2024

Save your pocket and the planet by going photo voltaic!


May 9, 2024

If you wish to introduce photo voltaic vitality into your own home, there isn’t a higher time than now! The Government abolished VAT on the availability and set up of photo voltaic panels in May 2023, and with grants and inexperienced loans out there, it may value lower than you suppose.

What are photo voltaic panels

Solar panels are panels designed to soak up daylight as a supply of renewable vitality. You could have seen them on the roofs of homes in your space. They not solely assist the environment, but additionally scale back your electrical energy invoice.

There are two varieties of photo voltaic panels out there:

  • Solar photovoltaic (PV) – turns daylight into electrical energy
  • Solar thermal – use daylight to warmth water in your house

Shop round for quotes

If you resolve to go photo voltaic, get a minimum of three written quotes earlier than you resolve on a provider/installer. Make certain you ask them for quotes slightly than an estimate. An estimate has no authorized standing whereas a written quote is binding as soon as there are not any adjustments to the work.

Make certain you get a full breakdown of all prices. There must be a transparent settlement in writing earlier than the contractor begins. A written contract signed by each events will defend you if one thing goes incorrect.

Top Tips

Apply to the Sustainable Energy Authority of Ireland (SEAI) for a photo voltaic electrical energy grant. SEAI offers grants to householders who improve their houses to make them extra vitality environment friendly. Find out about grants out there for photo voltaic panels and find out how to apply.

Solar contractor – your proper

Always ask round for suggestions when in search of a tried and trusted supplier. SEAI offers an inventory of registered photo voltaic panel firms.

When hiring a contractor to put in your photo voltaic panels, you enter right into a contract for service. The Consumer Rights Act 2022 provides you stronger rights to purchase providers. If your contactor will not be offering correct service, you need to all the time attempt to repair the difficulty first.

Finance your photo voltaic panels

If you might be considering of borrowing to finance your photo voltaic panels, a inexperienced mortgage could also be best for you. Banks and monetary suppliers now supply a wide range of inexperienced loans designed to encourage you to ‘go inexperienced.’

If you take out a inexperienced mortgage, you’ll nonetheless should pay curiosity and it’s important that you simply evaluate rates of interest. Use our common mortgage comparability Money Tool that can assist you select the most suitable choice to your wants.

Did you realize?

You can learn how a lot you possibly can save with photo voltaic panels through the use of SEAI’s photo voltaic electrical energy calculator. This provides you a timeline of when you may count on to see a return in your funding.

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