Savings and income from solar PV up almost £100
The average combined savings and income made from households installing solar PV panels has increased by nearly £100, according to data from the Energy Saving Trust.
Previous data indicated that the average combined savings and income for households installing solar panels was around £540 per year with the latest figures showing an increase to £635.
Energy Saving Trust said the main reason for this increase is due to the average size of the solar PV installations increasing, even though the Feed-in Tariff rate has dropped.
Renewables expert from the Energy Saving Trust, Ian Cuthbert, says, “The average size of solar PV installations has increased from 3kWp to 3.5kWP, which basically means households are generating more electricity and therefore more savings and Feed-in Tariff income.
“It is clear that UK households are increasingly looking to get the maximum yield for their roof to maximise the benefits of the solar installation.”
The updated solar figures have been published alongside new survey findings from the Energy Saving Trust which shows a third of people in the UK have been approached with solar panels in the past year but only 4% chose to purchase them.