Over half of homeowners considering solar panels as energy price soar, data finds – The Intermediary

Research from Good Energy showed 91% of UK adults said they fear geopolitical instability will keep electricity prices high for a long period. 
Over half of UK homeowners are now considering solar panels as concerns about rising energy prices continue, according to analysis from Good Energy.
Research showed 91% of UK adults said they fear geopolitical instability will keep electricity prices high for a long period. 
Just 15% have solar panels installed, but 51% said recent instability increased their interest in installing them. 
Solar panel sales at Good Energy rose by 91% in February and March, with domestic customer sales hitting record levels in the second quarter. 
Search demand for solar panels jumped by 104% since January. 
Data also found that neighbour influence is affecting uptake, with 39% of homeowners more likely to install solar if others on their street already have panels. 
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Carl Hogg, managing director at Good Energy, said: “In the current climate, one thing that households are looking for is certainty around their electricity bills. 
“Solar is one of the few ways people can take a bit more control, generate their own power and reduce their exposure to those global shocks. 
“We have seen this reflected in demand, with a 91% increase in sales from February to March this year.”
Hogg added: “We are also seeing how much influence neighbours have. Once a few homes on a street install solar, others start to look into it seriously. It makes it feel more normal and more achievable.
“There is still a gap when it comes to understanding how it all works, and that is something the industry needs to keep improving. But the shift is clear. 
“For many households now, they are conscious about securing energy independence.”
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