The recent announcement by Scottish Power to increase retail electricity prices in the UK is being hailed as a boost to the UK solar industry by one leading business within the sector.
Solar PV specialist Access Renewables has declared that the price increase by Scottish Power and expected rise by other suppliers will make installing Solar even more attractive both now and in the future.
Currently those who install Solar PV systems onto property or land benefit from the Clean Energy Cashback Scheme, which pays the system owner for any energy generated. For homeowners in particular this can amount to between £1000 and £1500 per year on average. In addition to the annual income, the system owner also benefits from the electricity they generate – thus reducing the amount of electricity they buy from a traditional electricity supplier.
Therefore those who have installed a Solar PV system are protecting themselves from above-inflation rises in electricity prices – both now and in the future.
Sean Collier, Business Development Manager at Access Renewables said “The recent price increase sends out a clear message to consumers that above-inflation price rises are to become even more common-place within the energy sector, and all signs point to this increasing much further over the next few decades. We are finding that our customers want to protect themselves from such increases by installing Solar PV systems – particularly while the Clean Energy Cashback Scheme is in operation”
The specialist installer and distributor of Solar PV systems has reported a growth in sales over the past 18 months as a result of the scheme and increased awareness in the systems. The growth has resulted in several new positions being created in both areas of the business in recent months – and the company has won several contracts which expect to boost the company further.
Tags: price hike, scottish power, solar industry, solar panel installer
