Solar installations are still are good investment for the future

Saturday, November 26th, 2011

With the feed in tariff being slashed by over 50%, doom and gloom has set in regarding the installation of solar PV.  However, this is not the end for solar installation, far from it. Solar installation must not be thought of, or sold as, a financial investment alone, although the system will save you money throughout its lifetime. All solar installations have a 25 year feed in tariff, so even at 21p per KW, it’s still a good deal. Okay, not as good as 43p, but that was never going to last and was only put up as kick start for the industry. All solar installations come with a  warranty to be at least 90%  efficient for 10 years and 80% at 25 years. Considering the solar installation will last a lot longer than the 25 years and the cost of buying electricity from the network will only increase, solar installations are still a very good investment for the future. Bundy’s Electrical can still supply and fit Solar installations in Cheshire, Lancashire and North Wales, at attractive prices.