4 reasons why 16% of homeowners say Solar Panels don't LOWER their bills

The Property Nomads Podcast

Rob delves into the topic of solar panel installations and explores why 16% of homeowners with solar panels claim that the technology isn't saving them money on their energy bills. He highlights key factors to consider when installing solar panels, such as roof space, compass position, shading, equipment placement, cabling, and living habits, emphasising the importance of proper installation and understanding how to maximise the benefits of solar panels based on individual circumstances.

KEY TAKEAWAYS

• 16% of homeowners with solar panels say the technology isn't saving them money on their energy bills.
• Factors affecting the effectiveness of solar panel installations include roof space, compass position, shading, and equipment placement.
• Due south is the best roof position for solar panels, but other directions can work with proper considerations.
• Consider how you use your home daily when deciding on solar panels to maximise benefits.
• 84% of solar panel owners reported lower energy bills, highlighting the potential benefits if installations are done correctly.

BEST MOMENTS

"16% of homeowners with solar panels say that the technology isn't saving them money on their energy bills."

"Due south is the best that you can have. For panels, if you're not lucky enough to have a due south roof, then again, look at your compass position."

"Shading's very important because you might have a very, very good roof and a big roof and good compass position, all that sort of stuff."

"Most people like to put them in the lofts. I don't think that's always a wise idea because a battery is a bit of equipment."

"The point being that if you are thinking of getting solar panels installed, you have to look at a number of things."

VALUABLE RESOURCES

https://www.msn.com/en-gb/money/other/how-16-of-homes-with-solar-panels-say-the-tech-isn-t-saving-them-money-on-their-energy-bills/ar-BB1kmpmp?cvid=5012bb6181444ad98b2cdaac7ba77316&ocid=winp2fptaskbar&ei=17&sc=shoreline

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Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.

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