50kW Solar System UK: Price, How Much Does It Produce, How Big, and More
Written By
- Rahi Vakani
Published on
- 12 Jul 2024
What’s on this page ?
Using a 50 kW solar panel system by Solar4Good will cut costs drastically while also being environmentally friendly. Thus, assuming an installation of a 50 kW solar system and its life expectancy of 25 years, total savings are about £196,594.50[1] . This calculation is based on the electricity rate of the existing grid of £0.245/kWh (as of October 2024), thus realizing annual savings of approximately £7,863.78[1] . These numbers do not incorporate the inflation rate or the future rise of electric rates that can contribute to improving your savings.
01| Rising Electricity Costs
02 | Smart Export Guarantee (SEG)
Indeed, you will be allowed to earn money from your 50 kW solar system through the SEG by selling back the excess electricity to the utility company. During peak times in the summer, you are paid up to 15p per kilowatt hour for the surplus electricity you export. In simplest terms, this could mean that for a typical 50 kW solar system, the savings could be in the region of £3,823 per annum[1] based on usage. This SEG rate is available with suppliers such as Octopus Energy and enhances the earnings from solar energy.
03 | Electricity Savings
04 | Understanding the 50 kW Solar System Price
The 50 kW solar system cost in the UK is likely to be £62,000 for both the system and installation, and this includes VAT. While the initial cost of a 50 kW solar system may be high due to competition, the potential earnings from the Smart Export Guarantee (SEG) can help offset these expenses over time. The 50 kW solar system price in the United Kingdom regarding the quality and efficiency of the products used in the system guarantees its performance and output.
05 | How Many Solar Panels for a 50 kW System?
Today’s crystalline solar panels range from 300W to 500W per panel. Thus, for 50 kW, a solar system would need between 100 to 185 panels, depending on the brand. Hence, the specific number of panels may vary with efficiency, whereby higher efficiency is normally associated with fewer installations and could be costly. This adaptability enables one to select a structure that is most suitable for one’s resources and area needs.
06 | Space Requirements for a 50 kW Solar Array
Each solar panel typically covers around 1.6 square meters. Therefore, a 50 kW solar system will need between 163 and 302 square meters of space, depending on the efficiency of the panels chosen. Opting for more efficient panels can reduce the overall space required for installation, making it easier to fit the system on available roof space.
07 | Annual Energy Production
In the southern UK, a 50 kW solar system typically produces around 46,342.73 kWh annually. Several factors influence this production rate, including shading, geographical location, roof direction and tilt, seasonal variations, and the efficiency of the system components. By optimizing these factors, you can maximize the energy output and financial returns of your 50 kW solar PV system.
08 | Off-Grid Solutions
Purchasing our services, which involve Solar4Good 50 kW solar system, is an economically sound decision and is friendly to the environment. Currently, electricity prices continue to increase; there is a possibility of making SEG; installing a 50 kW system now will guarantee maximum long-term cost savings. The 50 kW solar system price in the UK may be high, but the following advantages make it ideal for large families and companies. With the ability to generate your own power, reduce electricity costs, and potentially earn from selling excess energy, the 50 kW system offers substantial benefits.
Next Step
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Disclaimer
- 1. The savings quoted are based on customer’s usage, energy prices and install costs at the time of install.
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