Are solar panels worth it? That depends…
In order to understand, it’s probably a good idea to give some background and explain why the questions in phrased this way.
In April 2010 the then Labour government introduced the Feed-in Tariff (FIT) scheme.
The initiative – designed to stimulate investment in clean energy by bridging the gap between the upfront cost and the long-term savings of the technology – was an instant hit. Homeowners and businesses rushed to put panels on their roof/land, and a brand new industry sprung up almost overnight.
The mechanism was