How Solar Panels Offer A Viable Escape From Escalating Energy Prices
How Solar Panels Offer A Viable Escape From Escalating Energy Prices
With many people concerned for their finances during these turbulent economic times, the recent widespread energy price hikes are likely to be of particular concern to many individuals. A recent report has uncovered that price rises for gas and electricity have resulted in higher energy bills for somewhere in the region of 24.6million British customers this winter; and given the prevalence of financial fears at present- these increases couldn't have come at a worse time.Much like with increases in the price of petrol, energy price hikes are a cost that most people simply have to absorb. Whilst luxury purchases can be delayed or avoided, fuel consumption is very hard to minimise for many and consequently, these upturns in price can wreak devastating effects upon the cost of living for the population at large. There is however something of a light at the end of the tunnel - or more specifically: an immense ball of light in the sky that can provide a feasible and cost effective solution.Solar power is a concept familiar to many, what is lesser known about it however is just how effective and accessible it is for a vast number of UK homeowners as a means of reducing outgoings and in fact actively earning money. Domestic photovoltaic solar systems can be fitted to a large percentage of UK homes and generate enough electricity using the sun's rays to provide not only an abundant source of carbon neutral electricity but also act as a sound and secure financial investment with high yields over a long period of time.Provided you seek out a fully accredited solar panel installation company who are able to provide you with a free quote and proof of credentials, getting a domestic solar panels fitted is an incredibly easy process. Having assessed whether your roof is of an adequate size, a suitable orientation and not too shaded, the installers should be able to tell you how much electricity you can expect to generate and consequently how much money you will save and how much you will earn from your system.With the government's feed-in tariff ensuring that domestic solar panel system owners receive revenue for every unit of electricity they produce (whether they use it themselves or sell it to the National Grid) for a guaranteed period of at least 25 years - a professionally installed solar panel system can assure suitable homeowners of a certain return on investment alongside vastly reduced energy bills.