There are significant financial and environmental benefits for farms that invest and install solar panels. For example, a typical solar PV system will provide free electricity for more than 25 years, achieve returns of up to 20% per annum and pay back installation costs within 5 years.
Less than a decade ago, solar panels were considered a niche and experimental technology. Ten years on, solar has become the fastest growing energy source worldwide. Solar PV panels are now a mass-produced product, delivered at a cost-competitive price. In fact, whilst energy prices have increased year on year, the price of installing solar has plummeted.