Money Expert Martin Lewis It is shared how homes can often save hundreds of hundreds on their energy bills by taking advantage of the wrongly misunderstood green technology.
Solar panels are becoming a rapid common vision On Britain’s homes, but many people are still uncertain how to establish them or if their property is eligible for?
Advice from Mr. Lewis Money savings expert Service says high advance costs to install solar panels – Which is around £ 6,100 on an average – This means that the owners of the house must be sure of this step before being committed.
But it can be worth it for high cost savings Energy bill – According to experts, making them £ 350 cheaper in a year. At this rate, the break-even point is about 10 years, which means that a person wants to go into a new property within a decade wants to consider it.
There is also great support on the proposal for those wishing to install solar panels. many Solar panel grant and money schemes Available, especially for low income HousesWhich can help them fund them until the entire cost of the project.
Can you save more money if you already have solar panels?
Now being fitted with solar panels with more houses, the increasing number of people is finding itself to live in the houses in which they were fit when they fit the technology.
About 1.5 million UK houses now have solar panels, the research conducted by the energy company Sunsave has been found. This is 500,000 since 2022, with 5.5 percent of the properties now fit.
Pre-installed solar panels give home owners or tenants an automatic savings on energy BillHowever, there may be scope to save even more money, Mr. Lewis has found.
The major factor is whether the panels were established before or after April 2019. If they were installed after this, the owner will be on the Smart Export Guarantee (SEG) system. This determines the tariff that is paid for electrical units in the house, and they export back to the grid separately.
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Many solar panel owners can accidentally assume that they are stuck with their current rate, but they are free to switch. Shopping for a better deal can be saved in hundreds of years, so it is well worth doing.
People with solar panels installed before April 2019 will instead on the ‘Feed-in Tariff’ (FIT) system. It pays a good rate to a good rate (7.39p per kwh) to generate electricity, although it has fallen in recent years.
Mr. Lewis recommends that he can switch to the SEG system on the fit system, but still maintains the previous electricity production rates by increasing export rates. This market-municipality can increase the amount paid to generate electricity in 30p per kwh, resulting in large savings.