A blog post

Two-thirds of British households want to install renewable energy

Posted on the 05 October, 2011 at 2:25 pm Written by in Blog, Feed In Tariff, Government, Incentives, Standards

New research conducted by utility and environmental consultancy Gemserv has identified huge demand from British households to ‘Go Green’ and produce their own energy.

Gemserv’s study of over 2000 British adults found that 61% of homeowners would consider installing means to generating their own energy, whether using solar PV panels, installing air source heat pumps, using biomass fuel or harnessing the power of nature by using hydro power. If the so-called ‘green gap’ could be bridged, approximately 15 million tonnes of CO2 could be saved each year, the report claims.

However, despite the UK’s appetite for renewable energy, Gemserv’s research found that the widespread lack of awareness about installation, cost savings and benefits is stopping people from reducing their carbon footprints.

In these challenging economic times, expense was understandably a big consideration, 57% of homeowners who would not consider installing any of the renewable initiatives from a list they were shown said it is too expensive and 32% of people were unsure how much money they could save and/or earn from renewable energy sources.

A further 65% of Brits weren’t aware of the government’s financial incentive for generating renewable energy.

CEO of Gemserv David Thorne says: “I am encouraged by some of these findings as I am delighted that nearly half the population would like to install renewable energy technologies; what worries me is the lack of fundamental awareness surrounding it. To bridge the Green Gap it’s essential we continue to educate consumers and break down some of the myths surrounding the Green Deal, energy efficiency and microgeneration.”

More details at www.gemserv.co.uk

Dave Houston, MD of chester based solar installers PV FIT Ltd says: “I am not surprised that Germserv’s survey identified that a significant proportion of the public would be interested to install a renewable energy technology on their homes. The costs of renewable energy systems can put many people off, despite the very attractive returns offered by schemes such as the Feed-in Tariff (FITs), due to the substantial capital outlay to install them in the first place”.

“In the past year FITs have vastly increased the size of the UK’s solar PV industry, which in turn has seen the cost of equipment & installation drop significantly. In April 2010, a typical 4kW PV FIT system cost £16,000 including VAT. In October 2011, the same system has reduced to nearer £12,000 – with a South facing system offering combined tax-free income and savings of £1700p.a”.

“With wider awareness of FITs and access to low cost, or preferably, zero interest finance we feel the renewables market could be vast, with capital costs reducing at an equally rapid rate”.

FITs are due to reduce by 9% for new entrants in April 2012, although many in the renewables sector are predicting a greater reduction due to the schemes success in reducing equipment costs.

For a free no obligation solar PV quote over the phone call PV FIT on 0344 567 9032, or visit https://www.pvfit.co.uk

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