UK government offers incentives for renewable energy supply
The UK government is forecasting that one in 10 UK homes will have solar panels or some other form of renewable energy source attached to their roofs in the future. Indeed the government is set to introduce a scheme in April 2011 which will see UK households earning up to £900 a year by installing solar panels on their roofs and generating electricity which will be directed to the National Grid.
It is believed an average three-bedroom home in the UK could earn homeowners around £25,000 over a 25 year period. There is no doubt that renewable energy will become a more important part of everyday life in the future with carbon emission targets becoming tighter and tighter and the UK government under more and more pressure to reduce harmful gas emissions. However, it will take a seachange in the attitude of consumers and businesses, many of whom are still reluctant to change the look and feel of their homes and their business premises by introducing what can be visually "different" renewable energy equipment to their roofs and other areas of their property.
Ultimately, once there is a seachange within the consumer and business environment and the financial aspect becomes more attractive we are likely to see significant changes in the future.
Share this..
Related stories
Alistair Darling plans to publish banking remuneration packages
Plans by the Treasury to force financial companies in the UK to make public the pay, bonuses and pension arrangements of those earning above the average for the industry have been discussed in more detail today. The idea is that by opening up those who receive "excessive" remuneration packages this will allow more scrutiny by the media, public and shareholders and ultimately should give better val...
Read MoreWhen will the pound stop falling?
There are many investors in the UK dismayed at the fall in sterling which today touched as low as $1.537 in early trade against the dollar, although there are as many UK investors with overseas assets who welcome the unexpected bonus!
However, as the UK economy sinks deeper and deeper into the mire there are real concerns about the future of sterling which has fallen from $2 to the...
Bad news for UK savers
The recent indication from the Bank of England that UK base rates will fall further from the current 1.5% level has sent many savers scouring the Internet and financial advisers to find the best savings packages on the market. For many savers the forlorn hope that they can in some way lock into a substantially higher rate in these times of low interest rates could be well wide of the mark. But wha...
Read MoreUK economy stronger than previously thought
03/09/2014 The UK economy has grown stronger over the past few years than was previously thought, according to new figures from The Office for National Statistics. The new figures are due to a change in the way The Office for National Statistics (ONS), who are the UK’s largest independent producer of official statistics, calculate the size of Britain’s economy. They now illustrate how t...
Read MoreAverage household annual income in UK
The office of National statistics regularly release a number of very specific figures regarding UK income and one which proves very interesting is that of the average household annual income in 2006/07. The information shows that the top fifth of the households (by income) in the UK have an income which is 15 times that of the bottom fifth. In real terms this equates to an average of £14,000 a ye...
Read More