There are now around 1.5 million UK households fitted with solar panels
Money expert Martin Lewis has shared how households can save hundreds every year on their energy bills by taking advantage of an often misunderstood green technology.
Solar panels are becoming an increasingly common sight on UK homes, but many people are still unsure of how to install them or if their property is eligible.
Advice from Mr Lewis’ Money Saving Expert service says that the high upfront cost of installing solar panels – which averages around £6,100 – means that homeowners should be sure about the move before they commit.
But the high cost can be worth it for the savings on energy bills – making them up to £350 cheaper a year, according to experts. At this rate, the break-even point is around 10 years, meaning anyone looking to move to a new property within a decade might want to consider it.
There is also a lot of support on offer for those looking to install solar panels. Several solar panel grants and funding schemes are available, particularly for low-income households, which can help them fund up to the entire cost of the project.
Read more: Independent
