Temperatures have dropped over the past few weeks, so the chances are your energy bills are starting to rise. Many homeowners dread this time of year due to the added pressure on their finances. This is especially difficult since spending tends to rise over Christmas.
Autumn is a time when many people are looking at making changes to their property to make it more energy efficient before winter. According to recent research, utility bills are expected to rise again in the new year; they’re also expected to remain higher than pre-energy crisis levels for many years.
In other words, now is a good time to contact solar panel PV companies if you’re considering this type of investment.
Having solar panels is rapidly becoming the norm in Britain.
Solar PV panel installations in the UK have risen by 40% over the past five years, and 15% over the past year. The likelihood is you’ve seen more of them in your neighbourhood.
The cost of living crisis is one factor contributing towards this rise in the number of people having them installed. Energy prices, in particular, have been high for a long time for a number of reasons.
For starters, the Ukraine war and other geopolitical conflicts are impacting international energy markets. Secondly, the structure of the energy market in the UK and competition among energy suppliers can influence energy prices. Changes in market regulations and the behaviour of energy companies can impact pricing.
Did you know solar panels can save you up to £400 per year, according to Money Saving Expert?
The savings will depend on the size of your system, electricity use, whether you're at home during the day and other factors. However, according to research by the Energy Saving Truth, the typical household can reduce bills by £155 to £400 at the current Energy Price Cap rates.
Solar panels help you break free from using energy companies. This is also beneficial during power outages or times of high energy demand.
Solar panels can not only save you money, but they’re much more environmentally friendly.
Solar power is a clean and renewable energy source, so it significantly reduces your carbon footprint and helps combat climate change. It’s one of the best ways to reduce your reliance on fossil fuels and reduce greenhouse gas emissions.
Are there any government incentives for solar panels?
The Feed-in Tariff (FiT) and the Smart Export Guarantee (SEG) can provide financial incentives for generating and exporting renewable energy. Once solar PV panels are installed, you’ll also be saving significant amounts of money, and they can increase the value of your property.
Many homebuyers are attracted to properties with solar panels because they understand the long-term savings and environmental benefits.
Solar panels are a low maintenance solution that only occasionally require cleaning and inspecting. They usually have a long lifespan (usually at least 25 years), so are a wise investment for the years ahead.
If you’re wondering where to find solar PV companies near you, Jem Energy Ltd is able to carry out installations in a range of locations.
We can combine solar panels with energy storage solutions (like batteries) to store excess energy for use during cloudy days or at night. This further increases your energy self-sufficiency.
Whether or not solar panels are suitable for your property in the UK depends on factors including:
the location of your home
the orientation and tilt of your roof
the amount of sunlight that your area receives.
It’s therefore best to consult with a solar panel installation company to determine whether solar panels are a good fit for your specific circumstances.
If you’re looking for solar panel companies near you, simply contact Jem Energy Ltd for more information.