New Economics Foundation and Finance Innovation Lab suggest loan scheme backed by Bank of England could benefit up to 8m homes Millions of UK households could save hundreds of pounds a year on their energy bills if the government were to approve low-cost loans for solar panel installation, research has found. Solar panels with batteries are one of the cheapest ways to generate electricity and reduce energy bills , but with an upfront cost of about £6,000 they are still beyond the reach of most cash-strapped UK households while other countries forge ahead with installation. Continue reading...
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Low-cost loans for solar panels could save households hundreds on bills – thinktanks
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