With cutting CO2 emissions so high on the agenda and a government pushing to increase our reliance on electricity through the phasing out of petrol & diesel cars. It’s no surprise that the electricity companies are taking full advantage of this situation, huge price hikes are expected to be announced and implemented through new smart meters.
Increased Electricity tariffs can now be implemented through the smart meter at peak times, when the grid is struggling to produce enough electricity to meet demands.
A south facing 4-Kilowatt solar system with battery storage is almost able to meet the demands of the average UK household, an average of 3,940kwh per annum. Those with a solar panel system will be in a much better position when the energy price shoot-out begins.
Government funding via solar energy tariffs is set to be taken away at the end of March 2019, experts recommend that homeowners take full advantage of these tariffs why they are available, they can help to fund the installation of the panels and make for a much better ROI.