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12 Apr 2024

Shining a light on savings: 84% of solar-powered homes cut energy bills

Anna Dearden
Home Sector Specialist

Have you ever wondered if the sun could power more than just a great day out? Turns out, it can power your savings, too. With energy bills soaring, more homeowners are turning their gaze upwards for a solution.

Today, we're going to look into the latest developments in solar energy savings, backed by fresh-off-the-press research from Halifax.

Halifax research brings good news to solar panel owners

Halifax's latest research beams with good news, revealing that a whopping 84% of UK homeowners with solar panels have seen their energy bills dip. That equates to nearly nine out of ten people watching their meters tick slower, thanks to a few squares of silicon on their rooftops. 

If you've been on the fence about solar, consider this a nudge from the universe (or at least, from us).

A bright idea for every home

Why go solar? Beyond being kind to the planet, solar panels are also remarkably kind to your wallet. 

Homeowners who've made the switch report not just savings, but exceeding expectations. Plus, 83% of solar converts said they’d happily recommend solar panels to their friends and family.

The sunny side of your energy bill

Speaking of savings, how does lessening your annual energy bill by £400-500 sound? Thanks to solar power, this is an achievable reality. 

The Energy Saving Trust confirms these figures, proving that sustainability can be as beneficial for your bank account as it is for the Earth. It's a win-win.

Thinking of making the switch to solar?

While there's an upfront investment, the road to solar savings is smoother than you might think. Government grants and schemes and falling prices as research develops are making solar more accessible than ever. Consider it an investment in your future, both financially and environmentally.

The solar trend

The Microgeneration Certification Scheme (MCS) shows a sunny forecast for the future of solar panels, with 2023 marking the UK's best year for renewable energy installations. Solar PV leads the charge, with installations shining at over 180,000.

Leading by example: Octopus Energy and The Hill Group

Octopus Energy and The Hill Group's partnership to create solar-powered, energy bill-free homes is just one example of how the UK is innovating in solar energy. These homes aren't just saving on bills — they're setting the stage for a sustainable future, powered by the latest in solar and energy storage technologies.

Find the best solar panel deals with SpotDif

We compare solar panel options to find the best fit for your home and budget. Start saving on solar energy today with SpotDif by filling in our solar panel comparison form

Harness the power of the sun and watch as your energy bills transform from a source of stress into something far more positive.

Anna Dearden
Home Sector Specialist
Combining in-depth research with an interest in all things home improvement, I aim to keep SpotDif readers up to date with interior design trends, renewable energy options, and more.
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