This chart demonstrates the payback period for an average sized domestic solar electricity panel over the 25 years, using the benefits of the Clean Energy Cashback Scheme to off-set your initial investment. Clean Energy Cashback (otherwise known as the Feed in Tariff) payments are guaranteed for 25 years and an average payment of £900 per year would be expected from a solar panel costing £10,000 upfront.

As demonstrated by this graph, the point at which you will break even occurs in the 11th year of payment. You will continue to receive payments FiT payments after this period and enjoy cash positive payments. Based on continued payment of £900 a year, cash positive earnings could reach £12,500 in total.

Our calculation does not include, the additional benefit of not having to buy quite as much electricity as before saving potentially a further £150 per year. Nor does it account for the increase in value of your property, envious glances from neighbours and the increased security of knowing that you are better protected if electricity bills increase in the future!!