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Wednesday February 12, 2014
Solar panels better than a pension, says minister

Energy minister says those approaching retirement should consider putting some of their savings into solar panels because they would deliver a better financial return than a pension
Installing solar panels on household roofs is a better investment than a pension, a minister has said.

Energy minister says those approaching retirement should consider putting some of their savings into solar panels because they would deliver a better financial return than a pension
Installing solar panels on household roofs is a better investment than a pension, a minister has said.
Greg Barker, the energy minister, said that anyone approaching retirement should consider putting some of their savings into solar panels because they would deliver a better financial return than a pension.
Mr Barker disclosed that 500,000 British homes have installed solar panels, which allow users to generate their own electricity and sell any excess power to energy firms.
Installing panels can cost several thousand pounds, but savings on bills and the ability to sell excess power mean households can turn a profit over time.
To encourage domestic solar power, the Government offers to guarantee the price at which users can sell their excess electricity. The guaranteed price was cut in 2012, but the Government continues to provide a subsidy.

 
 www.telegraph.co.uk
http://www.telegraph.co.uk/finance/personalfinance...
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