myelectrichome

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See how much you could save

Answer the questions below. Your savings update live as you change anything. Free, no signup, no email.

Your home details

Tell us about your home

The first part is enough (for example SW19 or LS1).

Skip if you do not know. We will work it out from your home details.

Poor: solid walls, draughty. Average: cavity walls, loft insulated. Good: an EPC rating of C or better, or a recent retrofit.

What are you weighing up?

Switch any combination on. The numbers update straight away.

Solar panels normally last 25 years, heat pumps about 15.

Your results

Your numbers

What you could save over 15 years

Total saved

£45,899

Cost to install(after grants)

£19,050

Years to break even

6.6 years

CO2 saved per year

4.3 tonnes

Each upgrade, one by one

Solar panels
Cost to install£9,000
Saving in year one£1,353
Years to break even6.7 years
Energy made per year6,000 kWh
Home battery
Cost to install£5,000
Saving in year one£626
Years to break even8.0 years
  • Battery savings assume you are on Intelligent Octopus Go or an equivalent time-of-use tariff.
Heat pump
Cost to install£11,500, £4,000 after grant
Saving in year one-£209
Years to break evenDoes not pay back within horizon
  • Heat pump savings are marginal for your home at current prices. Insulation upgrades first may be the better move.
  • Assumes the £7,500 Boiler Upgrade Scheme grant has been applied for and approved. Check eligibility on gov.uk.
Electric car charger
Cost to install£1,050
Saving in year one£914
Years to break even1.1 years
  • EV running-cost savings assume smart overnight charging on a tariff like Intelligent Octopus Go.
  • Does not include EV purchase price, depreciation, VED, or insurance differences.
Your money, year by year

Red is the period before you break even. Green is profit. Numbers assume electricity prices rise 3 per cent a year and panels lose 0.5 per cent of their power each year.

Want to start saving this week?

Most UK homes save £200 to £400 a year by switching to a smart energy tariff. Octopus Energy's Intelligent Go tariff gives you 6 hours of cheap overnight electricity for the whole home, not just your car.

Switch through the link below and Octopus credits your account £50 if you sign up as a household, or £75 if you sign up as a business.

Switch to Octopus (£50 credit)