Electricity Prices Increase by Nearly 9% in the UK

BEIS releases domestic fuel prices index that shows the shocking increase in electricity prices. Updated information from the government department BEIS, that compares electricity prices from Q3 2018 to Q3 2019, shows the absolute necessity to invest in storage for PV system owners.

Electricity Prices Increase by Nearly 9% in the UK

Electricity Prices small pic

The report says: “Domestic electricity prices, including VAT, rose by 8.9 per cent in current terms between Q3 2018 and Q3 2019”.

Overall domestic fuels rose by 6.0 per cent in current terms in the same period, with solid fuels rising by 4.3% and the price of liquid fuels decreasing by 3.9 per cent.

Are you an installer? What this means to you?

The cost of batteries has dropped to a level where an investment makes perfect sense. This, combined with the steep rise in electricity prices, means there’s no better time to offer storage to your customers.

The 0Bills team has been crunching data and identifying trends to make sure its storage portfolio is unmatched. There is now a fantastic selection of batteries, great value self-consumption and grid backup packages and hybrid inverters. All with competitive pricing.

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