UK: E.ON solar panels with battery storage could cut electricity bills

20/04/2017 10:25 Renewable


German utility E.ON declared on Wednesday that it launched a combined solar panel and battery storage energy product for British clients that could half electricity bills. 

UK government are putting pressure on British energy providers to find ways to cut electricity bills for their customers after five of the top 6 UK energy suppliers, including E.ON, substantially increased prices this year.


E.ON is initiating the first stage of the solar project in central England. E.ON’s clients could introduce their details online to calculate the solar panels and battery unit cost depending on the size of their home.


According to E.ON’s estimations, solar panels on a shade free roof combined with the battery units could save customers around 300 pounds a year or 50% of average electricity bills, or savings of 560 pounds per year are possible in case customers sign up to the government's feed-in-tariff incentive scheme for renewable electricity producers.


According to E.ON, the company is working with several battery and solar panel manufacturers and intends to roll out the new products to many of its clients later in the year 2017.

Daily (22.05.2017): Oil prices posted a 5% weekly gain on Friday

22/05/2017 11:10:00

Oil futures rose on Friday to the highest level in nearly a month on growing optimism that big producing countries will extend output reductions to curb a persistent glut in crude.


PGE decides to acquire EDF's Polish power plants for $1.2 billion

22/05/2017 10:50:00

Poland's biggest electricity producer PGE has decided to purchase French group EDF's local power and heating plants for 4.51 billion zlotys ($1.2 billion) counting debt, in a move to raise market share and give the state more control over the country's energy assets.


Germany: A capacity of 807 MW approved at onshore wind parks

22/05/2017 10:04:00

Germany approved a capacity of 807 megawatts (MW) at onshore wind parks on Friday, stating the price at which it granted the projects was below expectations in a sign that competition in the industry will lead to lower prices for users.