Some electricity companies are now offering discounted rates for electricity generated from renewable sources. Octopus Energy, for example offer significant savings for consumers living near wind turbines (that Octopus Energy own). By joining their “Fan Club” consumers can save 20% when the wind is blowing, and the turbine is spinning. This can rise to 50% when the wind picks up and the turbine blades are whipping round. There are other companies offering to let you invest in the construction of wind or solar farms. Once completed, these wind or solar farms generate electricity which the energy supplier buys. You get a share of that money which translates into a saving on your energy bill.
On a smaller scale, as a consumer you have the ability to sell electricity back to your supplier via solar panels and battery storage installed in your home. This electricity is generated when the sun shines and is stored in batteries for when you need it. Once your batteries are charged and your electricity needs are met, any additional electricity can be sold back to the supplier and into the grid, as long as you’re on the right tariff. Combine the solar panels with an air source heat pump and your energy use will be minimal. The only caveat is that the solar system and your heat pump need to be installed by an accredited, recognised supplier / installer. This is to ensure the installation doesn’t do any damage to your property and that there is no risk to the national grid from the connection.
Solar panels with battery storage are an excellent way of reducing your energy charges, however if you have an electric vehicle, you can really combine these to make the savings add up. By using your solar system to charge your electric vehicle, all your motoring is essentially free. The electricity is generated by the sun, and this is then used to charge the batteries in your car. Those 200-300 miles of range didn’t cost you a penny in electricity!
The best way to start doing your bit for the environment and making savings is to talk to someone who can work with you to design a system that meets your needs and fits your budget. They can then design the system using the most up to date technology and carry out the structural calculations to ensure your property isn’t damaged. JPEC are experts in solar (PV) installations along with electric vehicle chargers and air source heat pumps. They are a recognised and accredited installer and can supply, install and maintain the equipment for you, along with helping with financing options. JPEC are trusted by their clients to design, install and commission a fully integrated system and assist with advising on the best tariff for you. If you’re unsure or want more information, give JPEC a call and their green team can walk you through your options. A typical solar system can help reduce your energy costs by 50%-80% not including the buyback scheme for your surplus electricity.