On this group I've often seen posts about solar panels and how much money they have made or saved the person(s) fitting them - possibly due to excessive FITs payments. The money saving expert pages has an article on what may be the current situation.
Break even = 24 years if electricity prices fall by 40% Break even = 17 years with current electricity charges Break even = 13 years if electricity prices rise by 40%
These figures are assuming none of the previous high FITs payments and only feeding back into the grid at 3p to 7p per kWh (variable).
These days, with a new installation, the biggest savings will be for those who use all of the generated electricity themselves which may benefit more those who are at home during the day. BUT can a household actually use all the electricity generated on a long, clear sky summer's day?
They mention "savings on your bill" from the suppliers but for me there are no savings until you break even on the installation costs. However, going green is not necessarily about saving money!