E.ON SolarSaver Solar Panels Installation Service

If you’re considering installing solar panels, then E.ON has various products and discounts available.

The new SolarSaver product from E.ON Energy not only helps you produce your own electricity from the sun but also takes advantage of the new government Smart Export Guarantee (SEG) where you get paid for the energy you produce and have the option of selling the electric you don’t use back to the National Grid.

At a glance, the payback is not such an investment. The costs of installing solar panels are still high but so are energy prices. Any excess is paid for you. Today’s savings are far higher than when solar was first an option. If you have decided to have solar photovoltaic (PV) to generate your own free electricity from the sun, then the new E.ON SolarSaver product could be something to investigate.

How Does E.ON SolarSaver Work?

E.ON will fit solar panels on your home and install a smart meter that automatically reads the electricity you are producing. These meters ensure accurate recording of your usage and any excess generation sent back to the grid. You’ll also never have to take another meter reading again. The panels are estimated to last around 25 years. E.ON estimates you should get your upfront investment costs paid back after around 12 years based on average consumption figures and current feed in tariff numbers.

The figures are based on a 2.1kw sharp solar photovoltaic system, with an average annual output of 1,588kWh, performing at 90% at year 10, and 85% at year 25. Year one output is projected at 1,750kWh (based on industry-standard SAP calculations). Assumes FiT subsidy at 41.3p/kWh and electricity supply cost of 10.086p/kWh, with both increasing in line with inflation. Inflation is assumed at 2% over the 25 years. It excludes the cost of any inverter replacements needed over the lifespan of the system, which may cost around £1,000 (if outside of manufacturer’s warranty).

It asssumes a south-facing roof with a 30^o pitch in Sheffield (average UK weather conditions). Households are assumed to use Ofgem average annual amounts of electricity (3,300kWh), consuming 50% of the electricity generated from the system and exporting the remaining 50%. Assumes network voltage remains within standard tolerances. No discount is applied for the time value of money.

E.ON uses an above-average quality solar panel made in China. The panel efficiency is slightly above average. Their SEG tariff is one of the best in the market.

How Does The Smart Export Guarantee Work?

The Feed in Tariff system introduced in April 2009 (also known as the clean energy cashback) is a system the government initiated to incentivise people to generate their own renewable energy sources. The payments you receive are also currently free of any tax. The Smart Export Guarantee has since replaced this scheme but is similar in nature. The electricity companies, rather than Ofgem, now run the schemes.

You get paid for the amount of electricity you produce no matter if you use that or export it back to the national grid (which is set up automatically under this scheme). You’ll also get an additional payment for the electricity you do send back to the national grid that you don’t use yourself. The current feed in tariffs rate are published by the government and are set for a specific lifetime. You may also be interested in the free E.ON Energyfit energy monitor which allows you to monitor your electricity usage in your home today.

So if you are thinking of installing solar panels then check out the E.ON SolarSaver option to see if their costs are right for you.