What is the average ‘Payback’ time for Renewable systems?
A. At this moment in time, this can vary from about 8 years to 50 years. This will vary according to the type of renewable system being considered, the heat requirements of your home and the complexity of the installation. All of the currently available options will make worthwhile contributions to reducing greenhouse gas emissions, which should be taken into account, also, as production volumes increase so the unit cost of equipment is likely to reduce and coupling this with an anticipated long-term rise in fossil fuel prices, payback time will almost certainly reduce significantly over the next few years.
