Tuesday 10 May 2011

Energy price rises likely - here we go again


Sunny weather always makes people take more of an interest in solar energy and installing it on their own homes.

And with photovoltaic panels, homeowners not only win with lower energy bills, but also in the income generated from Government feed-in tariffs.

However, news that energy prices are about to go up again and could rise by 15% by the end of 2011 (source: utility exchange), means now could be the perfect time to offset such increases by opting to generate your own energy.

The price increases are being blamed on the rises in wholesale prices for gas coupled with a stronger world demand.

One ray of light is that Ofgem have now forced energy companies to give 30days notice of any bill rises, giving you chance to shop around for a better deal.

But it's already evident that with many companies removing cheaper tariffs and replacing them with more expensive ones, getting a cheap deal won't be easy.

Most energy switching utilities seem to agree that a dual-fuel agreement can earn the most savings at present.

If you're fed up with being at the mercy of the energy companies, then perhaps it's time you got a no obligation, instant online quote for solar panel installation on your home or business.

photo credit: alex proimos

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