Solar panels can reduce a typical UK household’s electricity bills by 50–70%, and even more if battery storage is included. A 4kW system usually produces 3,400–3,800 kWh per year, which can save £800–£1,100 annually at today’s energy prices. Businesses in Aberystwyth and Ceredigion can save thousands each year, with extra income possible through the Smart Export Guarantee (SEG).
The actual savings depend on your property’s energy usage, system size, and whether you add a battery. For example, if your household uses around 3,500 kWh annually, a 4kW solar system can offset most of that demand. Without a battery, you will still save significantly during the day, but a battery ensures that stored energy is available at night, reducing grid reliance further. This can increase total bill reductions to over 70%.
Businesses often see even greater savings. Cafés on Aberystwyth’s seafront, university facilities, or retail shops in the town centre consume large amounts of electricity during the day, which aligns perfectly with solar generation hours. By using solar energy directly instead of purchasing it from the grid, these organisations can save thousands every year. Larger commercial systems often pay for themselves in just 3–5 years, making solar one of the fastest-returning investments available.
The SEG scheme provides another benefit. Any electricity you don’t use can be exported back to the National Grid, earning you a payment from your energy supplier. While these rates vary, they provide a steady additional income stream and improve the financial case for solar further.
Over a 25–30 year lifespan, solar panels can save a household £20,000–£30,000 and businesses much more. With government incentives such as 0% VAT on residential installations, the upfront costs are lower than ever. At Carbon Zero Renewables, we design systems tailored to your usage patterns to maximise these savings. We also provide projections showing how quickly your system will pay for itself, giving you a clear financial picture before you commit.
For Aberystwyth residents and businesses, the potential for savings is significant. Rising energy costs mean the gap between generating your own electricity and buying it from the grid will only widen, making now an excellent time to invest. With expert installation from Carbon Zero Renewables, you can be confident your system will deliver consistent returns for decades.