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Solar cuts ‘at least £400 from bills in even the cloudiest British areas’

Savings grow as energy prices in Great Britain rise and cost of panel installation falls, analysis finds

Households in Great Britain’s cloudiest regions could still save more than £400 a year on their energy bills by installing rooftop solar panels, research has found.

Rising wholesale energy prices mean the potential savings from a home solar panel system have climbed in recent years, as the cost of installation has continued to fall, leading to increased demand.

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© Photograph: Washington Imaging/Alamy

© Photograph: Washington Imaging/Alamy

© Photograph: Washington Imaging/Alamy

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‘Winter panic’: EU gas stores at their lowest level in 13 years

As one of Europe’s biggest consumers of gas the UK may be particularly exposed to heightened price volatility

Europe is on course to enter the cooler months with gas stores at their lowest level in 13 years, which has triggered “winter panic” among energy traders, experts have warned.

The EU’s gas stocks were 63% full in the last week of August, well below the 80% average for late August over recent years and among the lowest levels ever recorded for this time of year.

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© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

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‘Winter panic’: EU gas stores at their lowest level in 13 years

As one of Europe’s biggest consumers of gas the UK may be particularly exposed to heightened price volatility

Europe is on course to enter the cooler months with gas stores at their lowest level in 13 years, which has triggered “winter panic” among energy traders, experts have warned.

The EU’s gas stocks were 63% full in the last week of August, well below the 80% average for late August over recent years and among the lowest levels ever recorded for this time of year.

Continue reading...

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

© Photograph: Dan Kitwood/Getty Images

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