Skip to content
  • About us
  • Solar
    • Why Solarwatt
    • Domestic solar panels
    • Commercial solar panels
    • Agricultural solar panels
    • New build solar panels
    • Solar calculator
  • Solarwatt
    • Solarwatt home
    • Solar panels
    • Battery storage
    • Vision inverter
    • EV chargers
    • Manager Flex
  • myenergi
    • Full eco system
    • zappi
    • libbi
    • eddi
  • BYD & Fronius
    • BYD
    • Fronius
  • Resources
    • Real installs
    • Blog
    • FAQs
    • Gallery
  • About us
  • Solar
    • Why Solarwatt
    • Domestic solar panels
    • Commercial solar panels
    • Agricultural solar panels
    • New build solar panels
    • Solar calculator
  • Solarwatt
    • Solarwatt home
    • Solar panels
    • Battery storage
    • Vision inverter
    • EV chargers
    • Manager Flex
  • myenergi
    • Full eco system
    • zappi
    • libbi
    • eddi
  • BYD & Fronius
    • BYD
    • Fronius
  • Resources
    • Real installs
    • Blog
    • FAQs
    • Gallery
Get a quote

UK Energy Price Increase: Can Solar Energy Help?

Back to all insights

Residents in the UK are set to see a huge energy price increase from April 2022, with Ofgem reporting households having to pay around £700 more a year for their energy.

“The energy market has faced a huge challenge due to the unprecedented increase in global gas prices, a once in a 30-year event, and Ofgem’s role as energy regulator is to ensure that, under the price cap, energy companies can only charge a fair price based on the true cost of supplying electricity and gas,” Jonathan Brearley, CEO of Ofgem, said in a statement.

Despite the whole of Europe feeling the effects of surging energy prices over the last year, the United Kingdom is experiencing some of the worst financial burdens, more than most countries, due to our heavy reliance on gas, with more than 22 million British homes being connected to the country’s gas grid.

Around 30 UK gas suppliers collapsed last year due to the rising wholesale gas prices.

How can Solar Panels help me to reduce my energy bill?

For domestic properties, solar panels could help to reduce your energy bills due to less reliance on the National Grid. The power that you are using is renewable, and often less is required in comparison to the energy produced by the grid. You can also store excess energy in a solar battery if you don’t want to sell it back to the grid, giving you full independence.

Your electric bill will be significantly cheaper because you will not have to purchase as much electricity from your supplier, if any at all. The amount that you will save will vary depending on the amount of electricity that you use each day.

What about my Return on Investment?

The key thing to remember is that solar panels are an investment. For many people, buying the initial panels and having them installed can seem like a large chunk of money, but it is important to remember that over time solar panels will pay for themselves and can even begin to earn you money.

There are many sources on the internet that can work out how long it will take to have covered the cost of purchase and installation, but here is a quick example below:

A 1.25 kW solar panel installation is perhaps one of the smaller domestic ones you can get and will cost around £3,000. The Feed in Tariff will earn you approximately £20 a year and you may save up to £70 on energy bills. With the export tariff included, your total investment return for a year will be approximately £80 to £120. This means that you will pay off the initial cost within about 17 years at current prices.

Double the size of your solar panel installation and you almost double your savings.

For more information about how solar panels can help reduce your energy bill, contact our friendly and knowledgeable team today!

more insights
Understanding battery storage systems
August 13, 2025
Read more >
Farm Smarter with Solar: 20% Grant Now Available for Northern Ireland Farmers
July 8, 2025
Read more >
Power Your Business for Less: Get 20% Off Solar with the New Power NI Grant
July 8, 2025
Read more >