Last week’s heatwave delivered a £40 million windfall to the nearly two million British households with solar panels, reveals analysis by Uswitch.com, the comparison and switching service.
Seven days of hot, sunny weather generated almost twice the amount of electricity as an average British day.
Households with solar panels and a battery produced enough energy to cut their electricity bills and also sell surplus power back to the National Grid through the Smart Export Guarantee (SEG) scheme. Homes with solar panels can earn around 12p/kWh selling electricity back to the Grid.
The average home generated 15.2kWh of electricity a day during the heatwave. Households used just over 10kWh to power their home on average, saving them £2.49 a day by reducing their energy bills. Nearly 5kWh was exported to the grid a day on average, earning them 55p. Savings added up to £21.27 over the seven days.
Larger households with more solar panels made more from the sunny weather. A home with ten panels saved £24.47 over the week on their electricity bills and exported energy worth £5.37, making them £29.84 in total.
Nearly three million households – one in 10 homes (10%) – plan to install roof-mounted solar panels within five years, with two-fifths (40%) saying that rollercoaster energy prices have made them more likely to invest in the technology, reveals Uswitch research.
Read more: Eibi

