Energy supplier E.ON yesterday launched a scheme aimed at bringing solar power to 15,000 UK homes.
The £150 million SolarExchange scheme will offer households solar panels, which typically cost around £12,000, for as little as £99 in return for receiving the government’s feed-in tariff.
While customers will benefit from the electricity generated by the solar panels, which could cut bills by up to £180 a year, E.ON will cover its costs through the subsidy payments.
“Solar panels may not be the best option for every customer… [but] most households can save more than a third off their electricity bills,” says Graham Bartlett of E.ON’s energy solutions business.
“But for many the up-front costs can be too much,” he adds. “The key is to provide the right solution in the right way for the customer.”
Other energy companies, including British Gas, and retailers are offering solar panel deals to cash in on feed-in tariffs, as well as similar ‘free’ offers in return for feed-in tariffs.
However, consumer organisations have urged customers to consider so called ‘rent-a-roof’ schemes very carefully, as they can end up tied into long-term contracts.
For further information:
UK Government reveals details of revised solar feed-in tariffs (18-Mar)
Eaga secures £300 million for solar panel scheme (18-Mar)
British Gas to offer customers Panasonic solar panels (17-Feb)
M&S and British Gas join UK solar gold rush (3-Sept 2010)
Consumer organisations issue warning over free solar deals (10-Aug 2010)
HomeSun offers free solar panels to UK homes (6-Aug 2010)
28 April 2011