SOLAR PV INSTALLATIONS 6-YEAR PAYBACK NOW LOOK LIKE 2-3 YEAR PAYBACK WITH ELECTRICITY PRICE RISES
2021: We installed 20KW of solar PV for our London and Bristol buildings in 2022 as an experiment. For one building with 10KW solar PV installed: At 19p/unit, the annual saving is estimated to be £1,810, which is a 6-year payback. However, at 65p/unit (new green tariff from 2023), the annual saving is now estimated to …
