Recent predictions that energy prices are to soar by 15% over the next few months are no longer as much of a concern to discerning residents in Lincolnshire as a result of their Solar PV and Heat Pump installations. The troubles in the Middle East and North Africa are starting to feed into consumer prices for gas and electricity on top of the increases in oil prices that were experienced at the end of last year.
A recent EnergyMyWay customer that has had an installation of Solar PV in North Hykeham was delighted to find that his solar array was already producing more electricity than he was consuming ? this just a few hours after our team had started work on his property.
He is predicted to gain a financial benefit of around 12% of his initial outlay of circa £10,000 ? this being tax free, index linked and guaranteed for 25 years.