Domestic Solar Power – Is the cost worth it?

Image by World Bank Photo Collection
Solar power allows child to study at home. Sri Lanka. Photo: © Dominic Sansoni / World Bank

Photo ID: DSA0040SLA World Bank

Question by Ziggy: Domestic Solar Power – Is the cost worth it?
I’ve been considering installing solar power to my home for a while now … and particularly with the gas and electricity price hikes we’ve hand and are going to have, in mind…..
I’ve decided to change my boiler system to a combi because for me it’s not really cost effective to heat a tank of water that I’m not going to use every day … and I’ve been asking for quotes for photovoltaic electricity ….
In principle it would seem to be a good idea to part-support my energy use by supplying my own…. but the costs are so expensive…. particularly for Photovoltaic (best quote I’ve had is £13,500 inc VAT, ex the Government grant of £2,500) – I’m wondering if an investment now is really worth it – or would I be better off leaving it for another couple of years in case installation prices come down?….

Feel free to answer in the comment section below