Hi Hiya
With energy prices skyrocketing, now's the time to reconsider solar!
Higher energy prices mean bigger savings with solar and so faster payback periods. The exact impact of solar varies from house to house, but with the price cap increasing from ~20p/unit to ~28p/unit, solar savings increase by roughly 40% a year. If this persists, April's price cap increase will reduce the payback time on a typical solar install by 30%. With another increase predicted in October, it pays to think long-term. Read more about the economics of solar in our new blog post, which includes several worked savings examples and a simple savings calculator you can try yourself.
If you needed more reasons to switch on to solar, homeworking and electric vehicles both also increase the value you'll see from solar.
And last but definitely not least, as well as increasing your self-sufficiency, an average solar installation reduces your carbon emissions by 1.6 tonnes EVERY YEAR.
Take the first step to solar with Loop’s unique solar simulator. Accessing up to 13 months of past energy data directly from your smart meter, Loop calculates exactly how self-sufficient you would have been. Experiment with different sized solar arrays and batteries, all on the free Loop app. If you have a smart meter, sign up to Loop for free and find out if solar would make sense for you.