Solar Panel Owners Want Friends To Get Them Too
Author: Lima Curtis
Published: Thursday, 16 August 2012
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SOLAR panel owners are so impressed with slashed energy bills, most would recommend them to their friends and family.
The average household embracing this green technology is saving up to £1,000 a year and a staggering 88 per cent said they would want their nearest and dearest to enjoy the same benefits.
With all the big six energy providers hiking up prices twice in the last year alone, it is unsurprising more than three quarters installed panels in a bid to escape the predicted future rise in bills.
But while cutting costs was the main reason cited to get solar, more than seven in ten said they wanted their panels to make them money from the Feed-in-Tariff, while six in ten (62%) wanted to do their bit for the environment, in a study of 1,391 by uSwitch.com.
The news comes as a study from energy efficiency specialists The Eco Experts shows that 92% of people are worried about their rising energy bills.
The study also showed that while some people may be put off by the initial cost of panels, two thirds didn’t actually know how much they cost.
Currently the average household would need to install a panel which generates just under 4kw of energy to meet their needs, and these can cost up to £8,000.
However, those worried about the initial hefty price tag can take advantage of newly launched loans from companies such as Engensa, who say households could earn up to £18,000 over 20 years with no upfront cost.