‘I spent £25,000 on solar power for my home – but I'll make the money back within 10 years' [Yahoo! Finance]
National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG)
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Source: Yahoo! Finance
For some, like Steve Abbott, a retired engineer and school teacher, renewable energy has been the answer – albeit an initially expensive one. In a process that's been several years and £25,000 in the making, Mr Abbott's house in Dunoon, Scotland, is now equipped with solar panels, a home battery and a smart meter. “I have future-proofed our energy costs. A lot of people don't factor in the long term view, that cost is going to increase. Every time it goes up, the value of my system goes up,” he says. He is certainly not alone. As of the end of 2023, there have been more than 1.7 million low-carbon installations in Britain , with one in eight taking place last year alone. Solar panels are proving the most popular type, with annual purchases jumping 33pc last year to 183,000. Home batteries are also on the rise , with 10,000 now installed in Britain's homes and providing new ways of saving and even making money. Despite the potential five-figure upfront cost, the savings can b
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NGG
Sec Filings
- 4/30/24 - Form 6-K
- 4/18/24 - Form 6-K
- 4/10/24 - Form 6-K
- NGG's page on the SEC website