Research reveals: Solar Panel Market in the UK is the fastest growing the World!
It has been announced by researches of ISuppli that the installation of solar panels in the UK is the fastest growing market in the world. This may be surprising when you compare the UK's climate to the tropical conditions of the UK's nearest rival Spain. However, the installation of Solar Panels in the UK in 2010 will equate to approximately 96MW; a staggering increase of 1,500% since 2009 where the figures amounted to just 6MW.
The suggested reason for this is the introduction of the Feed-in-Tariff since April 2009. With the tariff offering homeowners financial rewards for both generation (41.3/kWh) and exportation (3p/kWh) of energy it is easy to see how homeowners can benefit both environmentally and financially.
With the suggestion of a similar tariff for other renewable technologies being launched in the UK in July 2011; there is no doubt that the percentage of homeowners installing renewable technologies in their own homes will increase.
If you would like further details on installing renewable technology in your own home or more information on how you can benefit from the Feed-in-Tariff please contact Action Woking.
26a Commercial Way,
Woking
GU21 6EN
By phone
0800 783 2503
By email
Source: Energy Saving Trust