We saved £1k by using energy-saving scheme – we’ve halved our bills

Before you start an application, make sure you understand and meet all the eligibility criteria for that specific grant. “I’m on the app probably four or five times a week, just seeing what’s going on, making sure that we are getting at least what we are expecting to get from the panels”, Ian said.

A savvy couple has revealed how they used a little-known scheme to save £1,000
A savvy couple has revealed how they used a little-known scheme to save £1,000
They have only had the panels for one year and have paid back 1/10 of the cost
They have only had the panels for one year and have paid back 1/10 of the cost

After the auction, registered households will be emailed a personal recommendation which is specific to the details they submitted in their registration.Thousands of vulnerable households are missing out on extra help and protections by not signing up to the Priority Services Register (PSR).Ian and Diane were already interested in making their home more energy-efficient and had begun to look into their options when they came across solar panels.THERE’S a number of different ways to get help paying your energy bills if you’re struggling to get by.

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Check with your local council to find out if it’s taking part.The Energy Company Obligation 4 (ECO4) inc LA Flex began in April 2022 and is running until March 2026.Savings vary but previous savings of 10–25% have been made according to the website.Diane and Ian Cable are among the hundreds of homeowners swapping to solar energy, and now they have cut their annual energy bills in half.

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Ian said: “It was opportune – one day, an email came through from Essex Council.In 2023, this number dropped to 1,946 kWh.

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Homes in England, Scotland, or Wales are able to apply. “In monetary terms, we have saved around £130 a month on our direct debit and this figure is understated compared to our usage because of the rise in standing charges over this period,” he added.According to Uswitch, this amount of electricity would have cost £476.77 on a standard variable tariff, based on the assumption he uses 80% of his energy in the day and 20% at night.How much solar panels cost will vary depending on your installer and how many solar panels you have.”I thought that would be absolutely ideal because I wouldn’t have to do the due diligence of getting on board a company that I’d be confident with.”However, the UK is not exactly known for its constant sunny weather, and Ian admits sometimes solar panels do not produce enough energy.Ian, a retired accountant, and Diane, a part-time support worker carer, installed 10 solar panels on their roof last year.”However, from my analysis, after a year of having them, we find that we are saving just over half of our annual usage (51.74%).”All households in Scotland can apply and could receive up to £6,000.

UPFRONT COSTS

Ian and Diane have only had their solar panels for one year, but have already got back one tenth of their initial costs.The couple are one of around 1.3million households now thought to have solar panels installed in the UK.The Cables’ annual energy bill savings are estimated to be around £834, with additional earnings of £64 from using an export tariff.Ian and Diane sell the energy back to the grid through a tariff called Agile with Octopus Energy.The couple forked out £10,000 for the panels in total, which not everyone will be able to afford.The grants are local authority dependent, but households could receive up to £10,000.British Gas also offers help via its British Gas Energy Trust and Individuals Family Fund.You don’t need to be a British Gas customer to apply for the second fund.The Energy Saving Trust has a calculator that can help you work out how much you are likely to save. 

ENERGY SAVINGS

Several energy firms have grant schemes available to customers struggling to cover their bills.The good thing is the solar panels, inverter and mounting materials all have a product warranty of at least 10 years.Get in touch with your energy firm to see if you can apply.This means you will be protected if your panels don’t function properly or perform as expected.Clearly, solar panels need sunshine to operate so their efficiency will depend on where you are in the country and which direction your roof faces.He explained: “Over the full year since the panels were installed (June 23 to May 24) our energy has reduced 51.74% and the cost of the electricity consumed is approximately £436.74 for the year. In the same period, we have sold back to the grid 1,749.59 kWh at £0.15 per KWh totalling £262.44.” “Go back a decade or so, and I was saying, oh no, they’re an eyesore, they’re ugly… but lately, in the last three or four years, we’ve changed our way of thinking,” Ian said.Eligibility is determined by local authorities and households could receive free solar panels.This indicates that solar panels have been effective in reducing their energy usage and saving them money on their energy bills.If your supplier offers you a repayment plan you don’t think you can afford, speak to them again to see if you can negotiate a better deal.For example, to benefit, you may need to live in a particular area or type of property, meet certain income or financial requirements, or live in a building with particularly poor energy efficiency.The couple installed the solar panels through a group buying scheme, Solar Together.The panels work by collecting sunlight, which is then generated into electricity.If you’re in Wales, the Welsh Government has the Warm Homes Nest Scheme.This means they are creating their own power, so they don’t have to buy it from an energy supplier – and Ian and Diane have made some big savings as a result.The company says that “when wholesale electricity prices drop, so do your bills – and if you can shift your daily electricity use outside of peak times, you can save even more.” The exact details of these requirements will be outlined by the organisation offering the grant and can usually be found on the relevant scheme’s website.The reason for the majority (90%) is to help reduce rising energy bills.

What energy bill help is available?

This involves paying off what you owe in instalments over a set period.

Ian and Diane’s installation led to a 35% reduction in energy usage year-on-year, with an impressive 57% reduction in the months following the installation of the solar panels, according to the couple.
While the savings can be significant, it’s also important to be realistic about how much energy your panels can produce and remember you may still need back-up energy.
Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories
Low-income households, off-grid, low energy efficiency rated properties are all eligible.
In a year-long period, Ian has paid back around £262.44 to the grid.
EDF, E.ON, Octopus Energy and Scottish Power all offer grants to struggling customers too.
A SAVVY couple has saved a whopping £1,000 in just a few months after signing up to an energy scheme, despite previously being sceptical about the idea.
Of course, this varies on a monthly basis – for example, in August 2023 they saved 86.50% but in January 2024 they only saved 16.61%.
If you fall into debt, you can always approach your supplier to see if they can put you on a repayment plan before putting you on a prepayment meter.
Householders can register online to become part of the group for free, with no obligation to buy anything.
To make sure he is getting the return he’s expecting, Ian is always on the lookout.
Pre-approved UK solar PV suppliers participate in a reverse auction, so they’re then able to offer competitive pricing.

GRANTS AVAILABLE

For example, British Gas or Scottish Gas customers struggling to pay their energy bills can get grants worth up to £1,500.Solar Together, the scheme used by Ian and Diane, is also ongoing.Solar Together allows all residents living in a participating council area and who own their own house, or have permission from the landlord to install a solar PV system, to buy a solar PV system and battery storage. The warranty on the power output of the solar panels guarantees a power output of 90% of its maximum in the first 10 years and a power output of 80% of its maximum in the next 15 years.Ian explained: “I thought that they [the installation costs] were very good value for money… we paid what £6,000 for the solar panels and then £4,000 for the battery and just over £10,000 in total, which seems to be reasonable.”If they choose to accept their recommendation, the specifics of their installation will be confirmed with a technical survey after which a date can be set for the installation of their solar PV system.The Home Upgrade Scheme (HUG2) started in April 2023 and is running until March 2025.Upon further analysis, Ian noted that from May to December, after the installation of the solar panels, their consumption decreased by 57% compared to the same period in the previous year. He said that their household used 3,010 kilowatt-hours (kWh) of electricity from the grid in 2022. Ian was fortunate enough to be able to pay for the panels himself, but some homeowners have be known to take out loans to cover the costs of installing them.Do you have a money problem that needs sorting? Get in touch by emailing money-sm@news.co.uk.We’ve looked at how much solar panels cost and schemes that could help you to recoup those costs.But eligibility criteria varies depending on the supplier and the amount you can get depends on your financial circumstances.There are several grants available via the government, as well as from other private schemes.The pair, who live in a four-bedroom semi-detached brick house in Basildon, Essex with their 22-year-old son, now even make money in their sleep by selling solar energy back to the grid.He said: “We don’t get sufficient sunny days in this country to make purchasing solar panels a ‘no-brainer!’But if you do decide to take the leap, the investment will pay itself off over time.It’s available to homeowners and renters living in a participating council area. Those eligible include Welsh households receiving income-related benefits, families in properties with low energy performance ratings, and those with homes that could receive free solar panels.

WHAT ELSE TO CONSIDER

Agile gives its customers access to half-hourly energy prices, tied to wholesale prices and updated daily. The service helps support vulnerable households, such as those who are elderly or ill, and some of the perks include being given advance warning of blackouts, free gas safety checks and extra support if you’re struggling.If you live in Scotland you could try the Home Energy Scotland Grant and Loan Schemes, which is also ongoing.

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He continued: “The cost saving is distorted by the increase in daily standing charges so the savings are not as great as the usage reduction. I have estimated that the solar panels will have paid for themselves after around 10 years – subject to variations in daily service charges which seem to be increasing disproportionately from the utility companies!”And almost half (49%) of homeowners have considered investing in solar panels for their home in future – with younger generations leading the way (66% for Gen Z and millennials), according to a survey by roof system manufacturer Marley.A crucial factor to consider in Ian and Diane’s decision to install solar was the up front costs.The eligibility requirements for grants for solar panels vary hugely from scheme to scheme.

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