6min chapter

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Are home solar panels the solution?

Business Daily

CHAPTER

The Rise in Demand for Home Solar Panels

Energy bills crisis has prompted a big rise in demand for solar panels across Europe. In Britain, just over three thousand solar installations are being carried out every week according to the Trade Association Solar Energy UK. One provider told us this month had seen inquiries about solar panels rise tenfold. Installing solar is not cheap if you just want panels, a standard system starts at around $5,000. Add a decent sized battery and that cost will more than double. And it's the solar batteries that as well as the rise in wholesale electricity prices across Europe are making home savings from solar larger.

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