Solar panel ROI

On average, how long does it take for solar panels to return a profit? And for the average household, what sort of profit margin is likely after, say, five years?

Asked by Adam on 5th Oct 2022
Expert Trade Answers
"This would depend on a number on different things. Eg amount of panels you can fit on roof, orientation, shading, output of panels, daily Kwh usage of house."
Answered on 20th Oct 2022 - Member since Jan 2022 - report
"All depends on roof size , angle and location, we recommend a battery system so you don’t lose any generated electricity.
We would also need to know your consumption and your energy tariff. We now try to fit systems that will completely take you off the grid and be self sufficient.
Please do not hesitate to contact us direct for any info.

Kind regards
Ronny"
Answered on 5th Oct 2022 - Member since Mar 2019 - report
Find Tradespeople, compare up to 3 quotes!
It's FREE and there are no obligations
Ask a Trade
Got a question that only a tradesperson can answer? We have thousands of trades ready to answer any question you may have.
Ask your question
Ask a Trade

Are you looking for advice on a DIY project or have a question for our tradespeople?

We'll email your question to tradespeople who are skilled in your chosen category.

Your question will be made public - please do not include any personal details.

{{ first(ask.errors)[0] }}

By continuing you agree to the Community Guidelines.

Report Content

{{ first(reportForm.errors) }}

Thank you

Your report has been created and will be investigated shortly.

Ready to get a price for your home improvement project?
Get started

Over 1 million homeowners and over 50,000 tradespeople
use MyJobQuote nationwide each year