Energy Saving Trust and Solarjuice release the Solar Energy Calculator

To coincide with the launch of the national Energy Saving Week on the 24th October 2011, the Energy Saving Trust and Solarjuice are launching the Solar Energy Calculator.

This calculator is based on the Solarjuice Juice-o-meter software engine with information and figures on such aspects as electricity costs from the Energy Saving Trust. The calculator can be found here:

Energy Saving Trust LogoIan Cuthbert CPhys, Microgeneration Advice Manager, at the Energy Saving Trust says: “The Energy Saving Trust is happy to be working in partnership with Solar Juice to develop our joint Solar Energy Calculator.  Installing solar photovoltaics is a big decision for UK householders to make. It is therefore important that householders are given the best possible estimates for their annual generation, savings and income from Feed-in-Tariffs in order to make an informed choice about whether or not to go ahead.  Overall, we hope that this new calculator will give people the confidence they need to go ahead with their installation.”

Unlike most other calculators, our financial figures are based on today’s money (i.e. ‘real’ accounting terms). This means that we do not have to make an assumption about inflation over the next 25 years (a difficult thing to do!). It also assumes that energy prices rises over 25 year will be in-line with inflation.  Although current energy prices rises are ahead of inflation we hope that over 25 year the UK will have sorted out its energy needs out.   

However, we do appreciate that it is useful to see income from a ‘nominal’ accounting perspective (i.e. including inflation) so the EST/Solarjuice team are working with the Department of Climate and Change (DECC) on predictions for inflation over the coming 25 years for both Retail Price Index (RPI), to which the Feed-in Tariff is linked, and electricity price rises.

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One Comment

  1. Posted September 28, 2012 at 6:19 am | Permalink

    Very useful information. Thanks for sharing the post.

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  1. By Elektrische Zahnbuerste on November 23, 2011 at 5:06 pm

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