If you're looking for a way to reduce household energy bills it may be time to consider
solar technology.
Nearly six in ten Brits think being green can save money, while 69 per cent believe that
solar panels specifically are a good way to cut utility costs.
Although there has been much controversy surrounding solar, in relation to the Feed-in-Tariff scheme, savings can still be made.
There has been much contention over the government's closing of the higher-subsidy application deadline before the end of the consultation to determine the fate of the Tariff.
Following a High Court case, the government's actions were found to be legally dubious - a decision that was upheld in the Court of Appeal.
In approximately four weeks the Tariff will be cut from 43 pence for every kilowatt/hour of energy produced to 21 pence.
However, the deadline for this reduction is yet to be set.
Speaking to the Financial Times: Subsidies for solar panels podcast, Elaine Moore, from Financial Times Money, explained: "Consumers who want to fix panels and try and get that higher tariff have been told first of all ‘you can’t know that that Tariff will stay as high as it is now’, so it might come down before March 2nd or 3rd.
"The deadline is not set because the government wants to take its appeal about this whole mess to a second court of appeal and it wants to again say that the Tariff should be brought down before March."
With uncertainty remaining over the future of the scheme, the government has prevented companies from advertising that the Feed-In-Tariff scheme may be around for another four weeks.
However, even without the support of the programme, there are still significant benefits for homes that elect to switch to solar.
Firstly, Brits that use the sustainable energy source will be dramatically reducing their carbon footprint and contributing to the UK's environmental efforts.
Secondly, solar can help families reduce their energy costs and protect against future price hikes.
