Example costs, earnings and savings**
See how much you can earn and save with a Tesco solar electricity system:
Solar Electricity
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| Property Size | System Size (kWp) |
System Price | Tax Free Cashback (Year 1) |
Savings on Electricity Bill (Year 1) |
Tax Free Profit (After 25 Years) |
Clubcard Points Earned |
| 1 bed | 1 panel (1.0) | £6,999 | £382 | £57 | £7,592 | 13,998 |
| 1-2 bed | 8 panel (1.4) | £7,999 | £509 | £76 |
£11,455 | 15,998 |
| 2-3 bed |
12 panel (2.1) | £9,999 | £764 | £114 | £19,183 | 19,998 |
| 3-4 bed |
18 panel (3.2) | £12,999 | £1,146 | £171 | £30,773 | 25,998 |
| 4+ bed |
18 panel (3.96) | £14,499 | £1,390 | £215 | £40,029 | 28,998 |
Pricing Example Table Explanation:
These figures are for guidlines only and should not be relied upon:
- System Size (kWp) = The number of panels (modules) multiplied by the size of the modules.
- Price = Standardised cost for on-roof installations. If preferred please call for prices relating to in-roof installations.
- Tax Free Cash Back (Year 1) = Total income through the Feed-in-Tariff (Generation Tariff + Export Tariff), following year 1 of install.The export tariff is deemed at 50% being exported.
- Savings on Electricity Bill (Year 1) = Savings assume half of the electricity produced by the system is used in the home. Savings on electricity bill due to reduced imported electricity following solar electricity system install, as of year 1. Savings will increase over the systems lifetime due to domestic electricity price rises.
- Tax Free Profit (After 25 Years) = The sum of total tax free cash back plus savings on electricity bill after 25 years, taking into consideration inflation rise of 2.4%, solar electricity system decline in efficiency (losses each year of 0.5%) and electricity price rises of 5% per annum. Profit is effective following the payback period for the system´s initial cost.
Please note:
* Savings assume half of the electricity produced by the system is used in the home. Energy output is assumed at UK average of 850 kWh for every 1 kWp installed. Domestic electricity for this example is set at 12.76 p/kWh. Location and angle of the system will affect the efficiency of the system. Under the rules no export meter is required, so customers are deemed to export 50% of electricity they generate in our examples. RPI is set at 2.4% and raises the tariff rates only. You may have to pay energy bills in winter, but benefit from large cash backs in the summer. These figures are for guidelines only and should not be relied upon.
FREE ELECTRICITY means energy converted from sunlight and used by the homeowner as part of their overall yearly energy consumption. Figures based on a solar electricity system meeting a minimum 40% of your electricity requirements. You will need to pay for additional electricity to meet your needs.
Call 0800 321 3456 for more information.
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