Home Energy News Government Incentive Launched To Pay Homeowners Who Install Solar Panels With Battery...

Government Incentive Launched To Pay Homeowners Who Install Solar Panels With Battery Storage

The Government has announced plans for an energy buy back scheme, households with battery storage and solar panels will earn an additional income from selling electricity to the grid at times of peak demand.

With solar panels already being a highly lucrative investment, this could see solar incomes as high as the original tariff that so many of us missed out on.

With the new buy back schemes in place we could see income and savings jump from a potential of £20,000 to a whopping £40,000

The demand for solar panels will increase substantially, experts are advising consumers to act now before the large firms start buying up all the stock and increasing the mark up.

Solar Panel Funding, the UK’s largest solar funding organisation has released a statement saying they are prepared for the increase in demand and are still planning to keep batteries fully funded with the solar panels, at least for the foreseeable future.

Applications can be made by visiting www.solarpanelfunding.co.uk

 

 

Oscar Wyatt
Oscar Wyatt
I'm the editor at Breaking News Today and have been in the news and editing industry for years! Breaking News Today is a new outlet which we're building up and every single one of our readers means so much to us at this stage, we really appreciate your support!

Breaking News Today is a small UK business struggling to stay afloat during COVID lockdown. If you enjoyed this article or found it useful please subscribe to all of our social media outlets.

288,320FansLike
813FollowersFollow
821FollowersFollow
10SubscribersSubscribe

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

288,320FansLike
813FollowersFollow
821FollowersFollow
10SubscribersSubscribe

Must Read

Task force launched to find replacement for Huawei in UK 5G networks

This move comes as the number of 5G equipment vendors has now slipped down to just two, which introduces long-term security risk

500 Dundee students to isolate following suspected COVID-19 outbreak

A single positive case of COVID-19 and small number of other possible infections are being investigated at a private accommodation block in...

Alexei Navalny discharged from hospital after nerve agent poisoning

The Russian opposition leader, Alexei Navalny, has now been discharged from the hospital after being treated for poisoning by a novichok agent

Misogyny could become a hate crime under new proposals

A consultation will establish whether those abusing women because of their gender should have tougher sentences Misogyny could potentially...