16 Solar Panel System
Please note that these figures are only assumptions based on electricity costs of 14 pence (inc VAT) and an RPI increase of 8.1%.
Premium 240 Watt Panels - Assumptions
- Cashback (FIT) revenue starts at 21 pence per kWh.
- Export based on 3 pence per unit,
- Initial electricity costs of 14 pence (inc VAT).
- Unit cost of electricity rises by 8.1% average.
- Manufacturers data on PV yield has been factored in.
- Figures based on an average power tolerance of +9%
Price List and ROI Calculations
- Installed cost £10,500
- Predicted Generation (kWh / year) 3592
- Year 1 £1,311 - ROI 12%
- Year 5 £1,637 - ROI 16%
- Year 10 £2,172 - ROI 21%
- Year 25 £5,227 - ROI 50%
- TOTAL PROFIT (after 25 years) £60,104
