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Minster confirms that Solar PV is a better investment than a pension

Greg Barker domestic solar pvInvesting in Solar PV can provide a better financial return than a traditional pension, according to energy and climate change minister, Greg Barker.

In an interview with the Daily Telegraph, Barker described Solar PV as a “really attractive financial proposition”, and urged the public to consider investing in their own solar array. Barker said:

“Solar is a really attractive financial proposition. You get a guaranteed tariff for 20 years and if your panel is well-sited, it could yield 8% or more. That is more than an annuity, particularly if you are in your 50s or early 60s.”

Real-life benefits for EnergyMyWay clients

Case study: Attractive Solar PV solution for detached Scottish home 19% return for Scotland solar PV installation

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Case study: Solar panels get homeowners better returns than ISAsBerry family make 15% return on solar installation

Case study: 16 panel Solar PV system for Southampton home £16000 return for Solar PV customer

To find out how you can benefit from investing in Solar PV contact your nearest EnergyMyWay office.

James Eades

By: James Eades

Operations Director, James Eades is EnergyMyWay's in-house expert on renewable energy policy, microgeneration technologies and best practice in the renewable energy industry.