Renewable Energy Systems - Costs and Benefits

This page has been produced by TAP to aid the selection of energy-saving and generating measures.

Costs are illustrative and vary greatly depending on your installation. You may be able to get it grant-aided. Annual benefits are generally conservative but should be realistic.

Renewable
energy type
Indicative
cost
Annual
Benefit
Payback
Period
Notes
Photovoltaic PV£4,000 - £20,000£100 or 1/3 electricity200 yearsCurrently high cost; electricity generated can be exported to grid for revenue
Wind turbine£1,500 - £18,000£100 - £30015 yearsNeeds careful siting, it should be above roof height
Ground source
heat pump
£6,500 - £11,500£100 - £60020 yearsNeeds a big garden; good where no mains gas
Solar water heater£2,000 - £6,000£50 - £10020 yearsAbout 70% of hot water only; NOT for room heating
Biomass (wood)£2,000£4005 yearsOld fashioned but could make a comeback
Small scale
hydro
£5,000 - £200,000£100 -
£25,000
15 - 50 yearsMost dependable renewable energy source
Cavity wall
insulation
£250£1503 yearsMakes a noticeable difference to the house
Loft insulation£150£1502 years270 mm is now the recommended thickness
Lag water pipes£50£501 yearsBoth hot and cold pipes should be lagged
Draught-proofing£100£502 yearsDepends on your home
New boiler£700£4002 yearsSavings are greater if your boiler is over 15 years old
Stop leaking
hot water tap
£5£203 monthsEasy to do
Low energy
light bulbs
£30£506 monthsNot quite the same light - you may need to retain some tungsten
Double-glazing£6,000£40015 yearsMay help your house resale value
Cling-film on windows£10£1001 monthGood DIY measure; install with a hair dryer