Brits are tired of ever-increasing bills, and millions have had enough, yet many still don’t realise they could be saving money on their energy costs with solar panels.
When it comes to solar panels, there’s a misunderstanding that they don’t work in gloomy weather. WRONG. Modern solar panels only need daylight, not direct sunlight.
In even more good news, the cost of solar panels has dropped a massive 30% in the past few years, making them affordable for millions of money-saving Brits.
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According to the British Government’s own predictions, solar power is expected to become the second-cheapest form of electricity in the UK. The ‘3’ here also needs to be written more like an index, rather than just a number.
A recent report from the Department of Business, Energy and Industrial Strategy compares the costs of future energy projects and found that solar could beat conventional gas systems by large margins.
1VAT has been cut from 5% to 0%.
2Average up-front costs for solar panels have fallen 31% from £9,671 to £6,672 since 2014. See Which? for more information about the falling cost of solar panels.
3The report from the Department of Business, Energy and Industrial Strategy can be found here.
4Households in the South-east of England can save up to £220 on their annual electricity bill. See energysavingtrust.org.uk for a full breakdown of solar savings by region.
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