A major VAT cut is making solar panels more affordable for millions of UK residents
Despite the UK’s fickle weather, smart homeowners can benefit from solar panels that use daylight rather than relying on hours of sunshine. The price of solar panels has dropped by more than 30% in the last few years, significantly reducing the initial investment in solar power for UK residents.
Determine the square footage of your home to find out how much you could save on your energy costs over the course of a year if you decide to go solar.
Savings per year: up to £310
Savings per year: up to £520
Savings per year: up to £818
The UK government predicts that solar power will become the second most affordable source of electricity in the UK in the coming years. A recent report from the Department for Business, Energy and Industrial Strategy analyses the costs of upcoming energy projects and shows that solar power installations could be significantly more cost-effective than traditional gas systems.
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