More Homes Suitable for Solar Panels Following British Gas and Panasonic Agreement

More Homes Suitable for Solar Panels Following British Gas and Panasonic Agreement
London, Feb 15, 2011 - (JCN Newswire) - More British homes will generate their own renewable electricity from solar panels and earn a yearly income of hundreds of pounds, following an agreement today between British Gas and Panasonic.

Under the agreement, British Gas will now be able to offer Panasonic Group's HIT(R) Solar PV Panels to its customers. The Panasonic panels are some of the most efficient in the market and are smaller compared to standard panels. With higher
output per square meter, the Panasonic panels will make solar PV a more viable option for smaller homes with less roof space to generate their own electricity from solar power.

By being more efficient, the Panasonic panels will also make smaller homes suitable for the British Gas "roof lease" scheme. Under the scheme, British Gas install solar panels at no upfront cost or on a dramatically reduced rate for private and social housing customers. Householders benefit from the free electricity from the solar panels with British Gas claiming the Feed-In Tariff - a scheme that pays owners of solar panels for the 'renewable' electricity they generate.

Households who own their own panels can be better off by around GBP 600 a year through a combination of cutting their electricity bills and earning money through the Feed-In Tariff. Those with bigger systems could benefit by up to GBP 1000.

via japancorp.net

Posted via email from photo voltaic solar power's posterous