Solar panels can help households in Pembrokeshire cut their electricity bills by 50–70%, and even more if combined with battery storage. A standard 4kW domestic system typically generates 3,400–3,800 kWh per year, which can translate into savings of £800–£1,100 annually at today’s energy prices. For businesses — particularly hotels, guesthouses, and retail outlets in popular areas such as Tenby, Saundersfoot, and St Davids — savings often run into thousands each year. In addition, the Smart Export Guarantee (SEG) allows you to earn money by selling surplus electricity back to the National Grid, further boosting returns.
The exact savings depend on several factors: your energy consumption, the size of your system, whether you include battery storage, and your tariff. For example, if a family in Haverfordwest uses 3,600 kWh annually, a 4kW system could generate close to that amount each year, drastically reducing reliance on grid electricity. If the home also has a battery installed, any excess power generated during the day can be stored and used in the evening. This maximises self-consumption and pushes savings towards the upper end of the 70% figure.
Businesses in Pembrokeshire are often ideally placed to take advantage of solar because their energy usage typically coincides with daylight hours. Hotels and restaurants in Tenby, or retail shops in Narberth and Milford Haven, consume large amounts of electricity during the day for lighting, heating, refrigeration, and catering equipment. By generating this electricity themselves, they avoid paying peak grid rates. Some larger businesses can achieve payback on their systems in just 3–5 years, after which the electricity generated is essentially free for the remainder of the system’s lifespan.
The Smart Export Guarantee (SEG) is another important factor. Whenever your system produces more electricity than you use, the surplus is exported to the National Grid. Your energy supplier pays you a tariff for this exported electricity, providing an extra income stream. Although SEG rates vary, they can add hundreds of pounds to your annual financial benefit. At Carbon Zero Renewables, we ensure that every customer is registered correctly for SEG, so you don’t miss out on these payments.
Over the lifetime of the system — typically 25 to 30 years — savings can be substantial. A household could save between £20,000 and £30,000, while businesses could save many times that amount depending on their scale. And because the UK Government currently offers 0% VAT on residential solar panel and battery storage installations, the upfront investment is lower than ever.
At Carbon Zero Renewables, we provide tailored projections for every customer, taking into account Pembrokeshire’s daylight hours, your roof orientation, and your energy habits. This way, you’ll have a clear picture of how much you can save before committing to an installation. With energy prices continuing to rise, the financial case for solar in Pembrokeshire has never been stronger.