Solar & the Energy Bill Crisis
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How did the energy crisis affect solar?
The energy bill crisis (2021-2023) transformed the solar business case. Electricity prices rose from 14p to 34p — payback periods HALVED from 15-18 years to 7-9 years. Even at the current settled rate (24.5p), payback is 8-12 years — 40% faster than pre-crisis. Solar is now your personal insurance against future price shocks: once installed, your electricity is FREE regardless of what the grid charges. Every price increase makes your existing panels MORE valuable.
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