Grants to Support Solar Panel Installations

Grants to Support Solar Panel Installations

🌟 UK grants to finance solar panels triple installation numbers - Which options are available to You?☀️

💡 When the Feed-in Tariff (FIT) scheme was introduced in 2010, installations soared to over 800,000 in five years. After FIT subsidies were cut in 2016, installations dropped by 74%. But when the Smart Export Guarantee launched in 2020, they tripled back to previous levels.

🌍 In the UK currently, only 7% of UK homes have solar panels, generating around 3% of the country’s total energy. Labour’s new "Warm Homes Plan" aims to change that. With a £6.6 billion investment over five years, the plan will: • Fund insulation, solar panels, and low-carbon heating. • Tighten energy efficiency standards in rental properties. • Encourage developers to fit new homes with solar panels. • Simplify the process for solar installation.

🏡 Thinking of going solar? Here are some options to explore:

💡 ECO4 Scheme: Energy companies fund efficiency upgrades for low-income households in homes rated D-G. Available until March 2026. 💡 Home Upgrade Grant: Offers free solar panel installations for qualifying homes without gas boilers or with low energy ratings (D-G). 💡 Solar Together: Provides group discounts on PV and battery storage installations.

📈 The Impact: Installing solar panels could cut your energy bills by £600 per year, and the average system can pay for itself in around 12 years. Plus, each system reduces your annual carbon footprint by roughly one tonne — the equivalent of driving almost 6,000 km.