Solar Savings Calculator

When you go solar with a Solar mortgage you're making 2 sets of savings as well as investing in your property.

upfront saving on cost of installing solar, plus

plus

ongoing annual savings on your bills.

Your upfront savings

Best deals on the market on solar products listed, with VAT at a reduced rate of 5%. plus - 50% off your Standard Variable Rate on the extra mortgage borrowing for your solar package.

Your ongoing savings - every year

Big savings on your electricity bill - which are worth more every year that electricity prices go up. plus - Additional cashback from your utility provider for installing green energy - this cashback is known as Renewable Obligations (ROCs)

Calculate your savings

The following questions will allow us to how much you could save per year with Solar Energy. The exact amount depends on how much of the electricity from the solar PV panels or tiles you consume yourself, and how much you export, which will be different for every house. Note that these figures also assume that your house fulfils the suitability criteria (like being south facing) for maximum savings.

Amount paid per unit (kwh) in pence. Note typically around 10-12p, though providers tend to have ramped billing structuresmore information

Export Rate The export rate for Northern Ireland is: 4.75 pence / kWhmore information

more informationIn addition to this you also get Renewable Obligations Certificates (ROCs), which are a form of cashback from your utility provider for installing green energy. For these packages at NIE rates they are £66 per year, due to increase to £132 per year from 2009.

more informationTherefore your maximum saving will typically be:
£  per year (assumes 100% consumed in house)
more informationYour minimum saving will typically be:
£  per year (assumes 100% export)
uses 2008 ROCs figures

Click here to view your monthly solar mortgage repaymentsContact us for more information

Note that if the export tariff is increased, as is the case in other parts of the UK, your savings will go up; likewise they'll increase whenever electricity prices go up.