Will Ikeas solar panel and battery system cut my bills Electricity bills are on the rise with all of the big six providers hiking prices this year but could you cut your bills by creating and storing your own energy Darren Widdowson, from Northamptonshire decided to try generating his own electricity with solar panels and a battery storage unit from Ikea and he now pays just 4.Ikea claims the system can cut electricity bills by 7.Sun power Ikea launches solar battery units which promise to double solar panel savings.But with the battery price starting at 3,0.Solar panels are a way to generate your own electricity by harnessing power from the sun and converting it into energy you can use to power your house, while the battery storage units allow households to use more of the energy they generate.Neither of these are new products to the market, but Ikea claims its offering is the most competitive for sale and it is significantly cheaper than Teslas similar system its Powerwall, which starts at 5,4.MY ELECTRICITY BILLS ARE NOW 4.A MONTH Darren Widdowson has seen his bills drop by 6.Ultimate Daily Income System Exec' title='Ultimate Daily Income System Exec' />It costs 4.Can Ikeas new solar panel and battery system really cut bills by 70 Ikea launches solar battery units which.Ultimate Daily Income System Exec' title='Ultimate Daily Income System Exec' />Darren Widdowson, a freelance business consultant from Northamptonshire, had a set of 1.April along with a battery storage unit.Here he tells us how it works, the difference its made to his home and how much money hes now saving.Technology is getting better, and the price is coming down, I already had an electric car so had been looking into solar panels for quite a while.It was a significant investment for me but when I heard about the battery storage I thought it was a cracking idea.I wanted to get a lot of panels to make the most of having them so had 1.And now its doing everything I want it to its a pretty overcast day today but the battery is still at 1.Usually first thing in the morning its at around 3.I had them installed in April and it took around a day to do, and now any electricity that I dont use is stored in the battery.David is almost entirely off grid now and produces most of his own electricityMy electricity bills have dropped by around 6.Im now paying more for the standing charge than I am for the electricity I use to my provider.When looking at just the electricity my bills are around 4.The initial payout was 1.I had 1. 8 panels installed.If British Gas were to put its prices up by 1.Ultimate Daily Income System Exec' title='Ultimate Daily Income System Exec' />Disclosure we are a single income household at 43,300 annual in KY.Free Market has not failed us.To me its the way forward.Id recommend it to anyone and I love the fact I can look at a web page and find out how much electricity Im generating and how much Im using around the house.A typical house with solar panels will consume 4.National Grid. But the battery storage system, which has been produced with Solarcentury and Ikea, allows an average house to use 8.Ikea claims these units can double the amount of savings made by having solar panels and reduce average electricity bills by 7.Energy storage Ikea launches solar battery units which promise to double solar panel savings.The total cost for the solar panels and battery storage is 6,9.The exact price paid will vary depending on the number of panels installed, Ikea has a calculator on its website to estimate the savings possible by postcode.Hege Saebjornsen, country sustainability manager, Ikea UK Ireland said At Ikea were always looking for ways to help customers take positive actions at home for both the environment and their wallets.We know that our customers want to live more sustainably and together with Solarcentury we will help them to get more value from their solar panels and do just that.With energy bills already going up 1.Susannah Wood, head of residential solar at Solarcentury commented Were committed to helping homeowners reap the benefits of going solar and our business partnership with Ikea is a significant step forwards for the renewable energy industry.Ikea says the battery storage and solar panel package could lower energy bills by 7.The cost of solar installations has dropped considerably in recent years and is in fact 1.We believe Ikea and Solarcentury are bringing the most competitive package to the market yet so more people than ever before can profit financially and environmentally by producing their own energy.Lots of homes across the country have solar panels but since 2.Government subsidies for those with the panels were reduced, they are now more costly.While solar panels are a big cost, the idea behind them is over time you make the money back through lower electricity bills.The feed in tariff is a certain amount paid by the Government to certain households for the electricity they generate through their solar panels.It is paid quarterly by your energy provider but was cut by around 6.For those thinking of having them installed, its worth looking at all the costs involved first.While the overall cost will be high if youre making a substantial saving each year on your electricity bills then solar panels may be worth it, however it could be 2.QUICK MONEY SAVER CAN YOU CUT YOUR BILLS Energy firms are constantly battling to pinch customers from each other.Shrewd consumers can take advantage of this by reviewing deals every year to ensure they are on the cheapest deal. Street Fighter 2008 The Balance Edition Mugen Database . Even moving every other year will save you significant amounts.If you are one of the millions of people who have NEVER switched i.A tenth of switchers saved 6.You only need to be interested in the tariff that is going to be cheapest where you live, so do your own postcode comparison in minutes using the tool above or here to find the best price.Read more about other quick tricks to make sure you are getting the best deal on your household bills here.
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