With electricity prices on the rise and global warming becoming increasingly concerning, there has never been a time better for homeowners and businesses to look into renewable energy and the technology that makes it possible.
Not only are you doing your bit to save the planet but it’s thought that using smart technology like solar panels to power your home or business could save you up to £405 every year and even make you some cash on the side by selling excess power back to the grid.
What is Renewable Energy?
Renewable energy is no longer a new concept. In fact, many homes and businesses around the world rely exclusively on renewable energy to function.
As of June 2022, over 45% of electricity generation within the UK is renewable energy and this is expected to rise year on year as the UK aims to reduce its emissions.
All it means for energy to be renewable is that resources aren’t depleted when they’re used. Some of the most common renewable energies are solar power, wind power and hydropower. The technologies that allow us to use these types of renewable energy are now very advanced and mean that we are able to use the power without any shortages here in the UK.
Renewable Energy Options
Price caps are expected to rise in October, making now the perfect time to take advantage of some of these renewable energy technologies. So, what are the options available for households and businesses in the UK?
Solar Panels
Solar panels will probably be the most familiar option and are often the best choice for a home or business premises.
With solar panels, the biggest savings are made when power is being used whilst it’s being generated. Those who are using power in their homes during the day will therefore see even better savings than those using them only at night and in the evenings.
This makes solar panels for an office building an excellent option when trying to reduce a company’s carbon footprint. Staff are in and using the power during the day when the sun is shining – maximising the financial benefits for the business and ensuring they’re using renewable energy at the same time.
Not all homes are suitable for solar panels, so it is worth speaking to a pro to see whether they will work for you. Your roof needs to be a reasonable size and in a decent condition to hold the panels you’ll need to power your home.
Battery Storage
A solar battery can store any excess power generated by your panels. Where you might normally sell this power back to the grid, you can instead store it.
Whilst they aren’t the cheapest investment in the world, the savings can be significant. The cost of buying energy from your supplier far outways the price you get when you sell on your generated power, so it just makes financial sense to store the energy and use it yourself.
The savings aren’t just about what you generate. Many see the benefit of getting power at “off-peak” rates and then being able to draw on that at any time. With energy prices still on the rise, it’s an option that those looking to reduce costs might want to consider.
Battery storage is generally best suited to those who use a lot of power, perhaps with electric cars or big homes to supply.
Solar Panel Installation, Barnsley
As smart installation specialists based in Barnsley, we know what we’re talking about when it comes to installing these smart solutions for renewable energy. If you’d like to discuss solar panels and what your options are before the price cap increases in October, get in touch.