A call for evidence issued by the Treasury yesterday proposes extending the existing zero VAT rating for solar panels, heat pumps and insulation to battery storage, when either retrofitted to a solar photovoltaic system or fitted as a standalone unit. The Treasury said that the action is in response to “multiple requests”, showing that lobbying
Clean energy company Good Energy has recognised a growing appetite for solar generation with over 250,000 UK-based households considering a solar installation by 2026. Running alongside this statistic, Good Energy also said that across 2022, solar installations doubled to over 130,000 with the primary incentive to switch to the technology being to avoid exposure
More Britons are making their homes greener and cutting bills – here’s how the costs add up How would you like to be able to power two electric cars, cover most of the electricity for your greener home, and still save £150 a month on your electricity bill? If you don’t believe it is possible,
Britain has broken its record for ‘greening the grid’, with 25 hours coming from 100% clean electricity in December, according to new analysis from Imperial College London for Drax Electric Insights. This is one of the key findings from the the Drax Electric Insights Q4 2022 report, which suggests that there was 2.9GW of surplus
As more and more homeowners look towards clean sources of energy, installing solar is a very popular option. So we thought it would be useful to film an episode all about what you need to think about before the project starts. This week our home energy expert Emilie goes through the
The cost of developing solar projects has increased by up to 50% as a result of the Electricity Generator Levy and inflation, Energy UK has said. Due to the newly introduced Electricity Generator Levy, current inflation levels and supply chain difficulties, costs associated with the creation of low carbon generation projects have increased by
Energy supplier Good Energy is launching a new smart export product for its Feed-in-Tariff (FiT) customers. This marks an “evolution for the business”, the company said, as the scalability of smart export offers significant potential. Customers that choose to move to a smart export will receive payment for the actual amount of electricity they export,
The Microgeneration Certification Scheme (MCS), has released its latest data showing that 130,596 solar photovoltaic (PV) systems were installed in UK homes last year – a 114% rise from 2021. This figure made up the majority of the total 163,341 MCS certified installations, marking the highest annual deployment since 2015, which saw 200,000 installations. The
Payback periods as low as six years on new rooftop solar means up to 19 years of free power now for property owners who install panels, academics at the Energy & Climate Intelligence Unit have calculated. With UK rooftop installations now running at a reported 8,000 per month, consumers adopting PV are responding rationally to price signals
As of today, less than 10% of the necessary solar and wind power needed for a 2050 global net zero scenario exists, whilst global electricity generation will need to more than triple to 80,000TWh, according to the 2022 BloombergNEF (BNEF) New Energy Outlook. The report outlined two scenarios: a Net Zero Scenario, wherein a feasible,