Powering your home using energy produced from the sun can reduce your energy bills, and homeowners can earn money from surplus electricity generated by selling it back to the National Grid. Prices have also continued to decrease due to the UK government introducing a zero rate VAT for energy-saving materials – which includes solar panels. As a result, the prices of panels have decreased by more than 80 per cent in recent years, with the demand higher than ever, and the time it takes for them to pay back has halved, in part due to rising energy prices. Installing solar panels is growing in popularity among UK homeowners and, on average, 12,000 panels are installed in the UK each month. Also known as photovoltaic panels (PV), they use semiconducting material to collect the sun’s energy and convert it into usable electricity that can power your home.
Solar panels use only natural renewable energy from the sun to generate electricity.
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