The idea of getting free solar panels installed on your home may at first seem like a great deal. However the company that has just announced that it will install solar panels to 100,000 homes will be the only winner when it comes to an investment.
The feed in tariff income pays homeowners a tax free income by installing solar panels on your roof. The income is typically around £1,000 per year. The company that is offering free solar panels will in effect earn this £1,000 whilst you will benefit from a small reduction in your energy bill.
Wayne Morris of the big green company says 'if you want to make a good investment in your home then installing solar panels is one of the best ways of of doing this. It is best to pay for the installation yourself and earn the feed in tariff rather than sell your roof.
