Energy bills for homeowners are going to get a nasty shock in 2026. The energy price outlook: for 2026, what experts predict is going to happen, is not looking good for homeowners. While the current energy price cap of £1,758 for a typical dual fuel household will slightly decrease in April to £1,640. By July it is set to rise to over £1.800 per annum (EDF &EON). Ofgem and many other companies predict steep rises in homeowner energy costs. This is led by the effects of the USA / Iran war drive markets higher. So here’s how to reduce your energy bills in Leicestershire with solar panels.
The average household bill are 35% higher than in winter 2021/22. So since Covid prices have continued to rise and are set to rise faster. The UK energy supply is complex. Heavily reliant upon imported gas, and therefore vulnerable to global factors as USwitch explains in detail. While experts such as Martin Lewis’s Money Saving Expert advise looking for lower tariffs. He also suggests cutting your energy usage. The most effective way to reduce your household electricity bill is to generate you own solar energy. By installing Solar Panels on your roof you can generate your own electiricty.
Adding solar panels to your roof is the most cost-effective way to cut your household energy bills. A house with an EPC rating of C or above will benefit from generating solar panel energy from solar panels on your roof. Solar panels turn sunlight into energy which can offset your energy usage within your home.
Solar Panels are cheaper than ever before. As they become common place in new homes, so the cost of solar panels has fallen by over 80% in the last 15 years. At the same time their power output has doubled from 200 watt panels to now over 400watt solar panels. That means that the cost per unit of energy generated has never been better. In terms of Return On Investment, or how long it takes to get full payback on your initial investment the payback period is now less than 7 years for most homes and it can be significantly less depending upon your homes exact set-up. The more energy efficient your home the quicker the payback period.
In today’s world households often use very little energy in the daytime, but more in the evening and early morning when families are busy heating rooms and water, cooking and entertaining. That is when there is no or little sunlight so little solar energy produced. As the day begins so sunlight increases and so generation exceeds energy demand, creating an energy surplus, which you can export for a small income or you can save it in your own smart energy battery and then use it when you need it.
Battery Energy Storage Solutions (BESS) provide reliable, safe and SMART battery solutions Delivering your energy when you need it, reducing your energy demand form your utility supplier even further. Battery storage is ideal from homeowners who want to cut their utility bills further.
As an award winning Leicestershire solar panel installer, Absolute Solar has been installing solar panels since 2014 and has installed thousands of solar panels to Leicestershire homeowners. We are MCS accredited, the industry trade body, ensuring we comply with all legal requirements in installing solar panels. We are also Trustmark and NAPPIT NICEIC accredited, ensuring we deliver a high quality approved service from start to finish.
Like to know about your options to cut your bills then get in touch with us here today