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Solar Panels in EX23 Bude

Devon • South West • 1468 sun hours/year

Homes in EX23 save an average of

£748/year

with solar panels • 8.7-year payback

MCS Certified Installers RECC Consumer Code Which? Trusted Traders
£748
Annual Savings
8.7 yrs
Payback Period
£11,120
25-Year Profit
0.8t
CO₂ Saved/Year

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Solar Panel Potential in Bude (EX23)

Postcode district EX23 receives approximately 1468 hours of sunshine per year, making it an above-average location for solar panels in the UK. A typical 4kW system here generates around 4,110 kWh of electricity annually.

Of this, roughly half (2,055 kWh) is used directly in your home, saving you £501 on electricity bills at the current rate of 24.4p/kWh. The remaining 2,055 kWh is exported to the grid under the Smart Export Guarantee, earning you an additional £247 per year at 12p/kWh.

Solar Panel Costs in EX23

The average cost of a 4kW solar panel system in the South West region is approximately £6,500. This includes panels, inverter, mounting, and installation by an MCS-certified installer. Prices have fallen over 60% in the last decade, and 0% VAT currently applies.

At £748 annual savings, the system pays for itself in 8.7 years, then generates profit for a further 16 years — a total 25-year return of £11,120.

Year-by-Year Savings Breakdown

Payback Timeline

Pays for itself in 8.7 years → 16+ years of profit
Year 1 Payback: Year 9 Year 25
Year Generation (kWh) Annual Savings Cumulative
1 4,110 £748 £-5,752
2 4,089 £744 £-5,008
3 4,069 £740 £-4,268
4 4,049 £737 £-3,531
5 4,028 £733 £-2,798
6 4,008 £729 £-2,069
7 3,988 £726 £-1,343
8 3,968 £722 £-621
9 3,948 £719 +£98
10 3,929 £715 +£813
11 3,909 £712 +£1,525
12 3,890 £708 +£2,233
13 3,870 £704 +£2,937
14 3,851 £701 +£3,638
15 3,831 £697 +£4,335
16 3,812 £694 +£5,029
17 3,793 £691 +£5,720
18 3,774 £686 +£6,406
19 3,755 £683 +£7,089
20 3,737 £680 +£7,769
21 3,718 £677 +£8,446
22 3,699 £673 +£9,119
23 3,681 £670 +£9,789
24 3,662 £667 +£10,456
25 3,644 £664 +£11,120

How EX23 Compares to the UK Average

EX23 Bude £748
UK Average £684
EX23 Sun Hours 1,468
UK Average 1,353
EX23 Payback 8.7
UK Average 9.4

Nearby Areas Compared

Area Sun Hours Annual Savings Payback
EX23 Bude 1468hrs £748/yr 8.7 yrs
EX22 Holsworthy 1467hrs £747/yr 8.7 yrs
EX24 Colyton 1469hrs £749/yr 8.7 yrs

Battery Storage in EX23

With 4,110 kWh of annual generation, adding a battery could increase your self-consumption from 50% to 80%, boosting annual savings significantly.

Is battery storage worth it in EX23? →

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How We Calculated These Figures

Our estimates are based on 1468 annual sun hours for the South West region, a standard 4kW system with south-facing orientation, and 50% self-consumption ratio. Electricity savings use the current average tariff of 24.4p/kWh, and export income uses the Smart Export Guarantee average of 12p/kWh. Panel degradation of 0.5% per year is factored into 25-year projections.

Actual savings will vary based on your roof orientation, shading, energy usage patterns, chosen system size, and installer pricing. We recommend getting at least 3 quotes from MCS-certified installers for accurate pricing.

Nearby Areas

Frequently Asked Questions

How much can I save with solar panels in EX23?

Homes in EX23 Bude save an average of £748 per year with a typical 4kW solar panel system. This is based on 1468 annual sun hours, generating 4,110 kWh of electricity. Over 25 years, the total profit after system costs is £11,120.

What is the payback period for solar panels in EX23?

The average payback period for a 4kW solar panel system in EX23 is 8.7 years. After that, you enjoy 16 or more years of pure profit from reduced electricity bills and Smart Export Guarantee payments.

How many solar panels do I need for a home in EX23?

A typical 4kW system uses 10-12 solar panels (depending on panel wattage, typically 350-400W each). This suits most 3-4 bedroom homes. For exact sizing, get a quote from an MCS-certified installer who will assess your roof space and orientation.

Is solar worth it in EX23 Bude?

Yes. With 1468 sun hours per year (£64 above the UK average savings), EX23 is an above-average location for solar. A 4kW system costs approximately £6,500 and pays for itself in 8.7 years, then generates profit for 15+ more years.

What grants are available for solar panels in EX23?

Solar panels in the UK currently benefit from 0% VAT (until at least 2027), reducing upfront costs. You may also be eligible for the ECO4 scheme if you receive certain benefits. The Smart Export Guarantee pays you for electricity you export to the grid — the average rate in your area is 12p/kWh.

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