Your Road to Solar

Tackling Energy Inflation with Solar PV

Energy inflation refers to the general trend of increasing energy prices over time. It is a term used to describe the gradual rise in the cost of electricity, natural gas, and other forms of energy that households consume.

Inflation ican be influenced by various factors, including: supply and demand, market forces, government policies, infrastructure and distribution costs and currency exchange rates.

Its important to note that energy inflation can affect both electricity and gas bills. To mitigate this impact, many people consider switching to more energy-efficient appliances, and renewable energy sources like solar panels.

Solar will help give you protection from rising energy costs

Solar panels, also known as photovoltaic (PV) systems, are designed to convert sunlight into electricity. By installing solar panels on your rooftop or property, you can generate your electricity and reduce your reliance on importing electricity from the National Grid. This means you'll consume less grid-supplied electricity, saving you money on your monthly energy bills.

Traditional energy costs tend to increase over time due to factors like inflation, fuel price fluctuations and rising demand. When you generate your own electricity with solar panels, you lock in your energy costs at a fixed rate. This means you're less susceptible to future energy price hikes, giving you greater financial stability.

About the energy price cap

The energy price cap is set by Ofgem, the regulating body for energy suppliers in Great Britain. The cap limits the maximum amount energy suppliers can charge you for each unit of energy you use. Reviewed every three months, the cap was introduced in 2019 out of concern that people were paying too much for their energy.

From 1 October 2023 - December 2023 the price cap is set at £1923 per year for a typical household.

Learn more about the Energy Price Cap

The future of energy prices

Energy Inflation Icon
Prices Aren't Coming Down

Unfortunately for us as consumers, energy prices are not going to come down. There are lots of reasons why; energy is generated mostly by using fossil fuels, and they can't be replenished, so once they're gone, they're gone. And the more we use, the less of them there are, so the price goes up.

Electric Vehicle
The Electric Vehicle Revolution
With the plans from the UK government to make all new cars sold in the UK exclusively electric vehicles from 2030, this will inevitably add more demand for electricity and strain on the system. Plus, whilst the price of "filling up" an electric vehicle by fully charging it is significantly cheaper than traditional diesel or petrol, charging your vehicle overnight at home is going to add that cost on to your energy bill.
Global Instability
Global Instability
The fact is that we simply cannot tell anymore what is going to affect global prices next, for good or bad. Energy prices in the UK can be affected from things close to home like leaving the EU, to further afield like the war in the Ukraine, to things at the other side of the world like an earthquake in Japan changing where they choose to source their power, adding another global consumer to the energy market.

Bump up your savings when you intergrate battery storage in your Solar PV system.

In the quest to combat rising energy costs and insulate your budget from the impact of energy inflation, integrating battery storage as part of your solar PV system emerges as a game-changing strategy. Battery storage technologies, such as lithium-ion batteries, offer numerous advantages that can significantly lower your energy bills and provide financial stability, making them an invaluable additional to your renewable energy setup.

Energy Bill Savings

Battery storage enhances your solar PV system's abiity to save you money by storing excess electricity generated during sunny periods. Instead of sending this surplus energy back to the national for minimal compensation, you can store it in your batteries for use during the evening or on cloudy days. This minimuse your reliance on electricity from the grid when solar generation is limited, reducing your energy bills.

Grid Independence

With battery storage, you will gain a level of grid independence. During power outages or grid failures, your stored energy can keep critical appliances and systems running. This enhances your resilience and ensures that you aren't left in the dark during unexpected outages.

By relying on stored solar energy during peak demand or when grid electricity is more costly per kWh, you signficantly reduce your dependence on the grid. This shift awyay from grid electricity mitigates the impact of energy inflation and fluctuating electricity prices, allowing you to maintain greater control over your energy costs.

Protect Against Rising Bills

Solar panels and battery systems shield you against rising costs of energy by reducing the amount you need to buy from the grid. The only mainstream product on the energy market today that generates its own electricity is solar power. Our low cost systems generate electricity around the clock, despite the myths! Not only will you pay for less as you use less, investing in solar energy now will actually protect you from rising future costs too, as the more prices rise, the more you will save on what you would have paid!

Home Assessment
Envolve Limited (t/a Solar-Techs) is an Introducer Appointed Representative (Financial Services Register No. 970271) of Phoenix Financial Consultants Limited ("Phoenix"). Phoenix is a credit broker that is authorised and regulated by the Financial Conduct Authority (FRN: 539195), which offers finance for home improvement projects from its panel of lenders. All finance subject to status and credit checks.

Power up your roof

Request A Survey

Shortly after submitting this form, our team will reach out to you with a phone call to learn a litle more about your property, energy use habits and your reasons for wanting solar.

We will then send you a preliminary quote with multiple proposed design options to consider. Plus look to schedule a home visit appointment to survey your property and customise our proposal further if requested. All of this is Free and no obligation.

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