The rate of new solar panel installations on homes reached a seven-year high in 2023, according to new analysis. The increase was revealed by Coventry Building Society analysis of government solar panel figures. The rate of new solar panel installations is now at the highest level since 2015, when the total for the year was 179,137. The 2023 boom in solar panel fitting was likely caused by households looking to bring down high energy bills. The highest year on record for solar panel installations was 2011, when 200,589 panels were installed – this was following the launch of the Feed-in Tariff scheme in 2010.

Source: Daily Mail January 27, 2024 00:16 UTC