Rooftop Rewards: How Can Solar Panels Save You Money?

April 18, 2023|2 minutes read
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Updated: May 23, 2023

As the energy crisis develops, we’re all worried about rising costs and making ends meet. One innovative solution is to invest in solar panels for your property, where this renewable energy source can save you money and whilst also helping the environment.

It may not be clear at first how a solar panel system can directly help you to cut costs. For some there may be initial installation costs, but these will be steadily reimbursed through money saved by producing your own solar energy. Alternatively you can seek out a government-backed grant for a solar panel installation, which is a great way to counter upfront costs.

Read on for a look at how solar panels can work to save you money, where solar energy funding is just one part of the government-backed ECO4 scheme.

Solar panel installation

How Solar Panels Work

A solar panel consists of specially designed photovoltaic cells, which are fitted between layers of semiconducting materials. These cells convert the sun’s renewable energy into electricity. Solar panels can be installed on any roof or outbuilding that receives direct sunlight, where solar panel farms may also feature ground installation of large numbers of panels.

How Solar Panels Can Save You Money

When you install solar panels on your property, you can then use the energy generated to directly run your home, meaning you will need to pay for less energy from your supplier.

Any leftover energy that you don’t use can be fed back into the National Grid, for which you will be rewarded with further payments or discounts on your bills. Solar panels can also help to improve the value of your property if you are looking to sell in future.

Environmental Benefits

If your home is running on renewable energy from solar panels, then you will be using less finite resources from your energy supplier which are produced using fossil fuels. This will lower your carbon footprint, and conserve resources for future use. This allows you to help the environment whilst also saving money on your bills.

UK Energy Management: Solar Panel Funding & Much More

At UK Energy Management, we’re working hard to help you save money on your household bills. The government-backed ECO4 funding scheme is here to help you heat your home more efficiently, with a range of initiatives which are focused on providing you with high-quality energy saving tools.

This scheme can supply you with a discounted solar panel installation, free heating system upgrades and fully funded loft insulation services.

Contact us today to find out more about how we can help you to save on your energy costs, where you can fill in our obligation-free eligibility form online now.

Related posts:

  1. How to Increase Your Home’s Energy Efficiency: From Smart Heating to Solid Wall Insulation Grants
  2. Where Are The Biggest Improvements to Energy Efficiency Made?
  3. Reducing Draughts In Your Property
  4. Top Tips For Home Energy Conservation
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Consent form for sharing data with the Energy Saving Trust

We need to check you are eligible for the Energy Company Obligation (ECO) and/or Great British Insulation Schemes (GBIS) and/or Land Registry (LR). To do this, for ECO and GBIS we would like to share your information with the Department for Work and Pensions (DWP) via Energy Saving Trust who will verify whether or not you are receiving the relevant benefits to be eligible for either scheme. To check the ownership of your property as registered with HM Land Registry, we need to submit your information through an online checking service provided by the Energy Saving Trust (EST). This will enable us to securely verify the property’s private ownership against the data on the register. EST will not use this data for any other purpose.

Please note that it is not possible for Energy Saving Trust or us, the company using this service, to see which benefits you are through this service. DWP will only confirm whether you are in receipt of a qualifying benefit, not which one. This will not have any impact on future benefit payments.

If you do not want us to share your data with DWP via Energy Saving Trust, you will be required to provide copies of documents that provide proof of the benefits you are in receipt of from the DWP.

If you go on to receive funding through ECO4 or GBIS your data may be audited by Ofgem and/or your Energy Supplier to ensure a valid eligibility check has been completed for you. For full information on what will happen to the data we collect about you, please refer to the privacy notices from your Energy Supplier and installer, Energy Saving Trust, DWP, and Ofgem.

By ticking the box below, and providing your details, you agree to share this data with the DWP via Energy Saving Trust.

You can contact us to withdraw your consent for us to share your data with DWP via Energy Saving Trust. If you withdraw consent, the collected data will continue to be processed, however no new data will be collected or used for further processing. We will be required to keep a record of any data already processed for the purposes of Ofgem audits however your data would only be audited in cases where you have received funding from ECO4 or GBIS. Data relating to ECO4 and GBIS eligibility checks will be retained until 30 September 2026 unless otherwise notified by Ofgem.

Sign Here

Fully funded solutions to improve your homes energy efficiency

Find out if you are eligible for 100% FREE energy efficiency upgrades, simply entering your postcode:
Don't worry, many homes do not have a current EPC certificate. Let's find your address from the Royal Mail instead:

Your address does not have a valid EPC certificate

Don't worry, whilst your property doesn't have a current Energy Performance Certificate (EPC) we can still check your eligibility by taking some more details from you. Just click next button to proceed.

Your rating score is:

A
B
C
D
E
F
G
Due to the EPC rating of your property, your home's rating is unlikely to be improved by the measures we install. We are sorry that we cannot help you further in this instance.
Ok
The lower your home's energy efficiency rating, the more money the government make available for you to improve it.
Unfortunately ECO4 funding is not currently available directly to the occupant of Social housing.

Please contact your Local Authority directly for more information on how to improve the Energy Efficiency Performance of your home.

We are sorry we could not help you further