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Wadebridge sets the standard - 1 in 10 households with solar PV

Posted by Gabby Mallett on 3 June 2015 at 11:25 am

Wadebridge in Cornwall is setting the standard for Solar Energy in the UK with one in ten households sporting Photovoltaic systems.

Could this be partly because the local Wadebridge Renewable Energy Network has been promoting reductions in carbon emissions from the town and has a membership of over 1000? Or could it be because with 1,541 hours of sunshine ever year Wadebridge residents are well placed to benefit from this technology?

Financial payback times in Cornwall can be down at six years, whereas systems located in other parts of the UK can have payback times closer to 8 years. This is based on income from the Feed in Tariff alongside savings on energy used.

Clearly once the investment is paid back a homeowner can benefit directly from the energy savings and actually make a profit from the FiTs, which are index linked and guaranteed for 20 years.

Amber Rudd, secretary of state for energy and climate change has promised to "unleash a new solar revolution". This is certainly a step in the right direction and something other towns could emulate.

See this BBC article for more information.

Photo: -Reji

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Comments

2 comments - read them below or add one

NEF Gabby

NEF GabbyComment left on: 12 June 2015 at 4:03 pm

That's great news Richmc.  I wonder if you have any evidence that your home was worth more because of the energy measures?  It is one of the things which is very hard to evidence.  There have been studies which have shown that homes with better energy ratings comand higher prices, but the cause and effect isn't clear.  For example it may be that homes with better energy ratings are just better looked after.

If you have information on the measures installed in your home, the price you sold it for and the price of similar homes in similar areas and in similar states of repair then I would love to see it.  Please email me through the contract form.

Cheers

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richmc

richmcComment left on: 7 June 2015 at 7:23 am

I am a one in ten!

Or was, I had both Solar PV with a water heating diverter, rainwater harvesting  and cavity wall insulation installed at my home in Wadebridge before I moved to a more rural location. As a result when I moved my home had a premium of £20,000 in value over similar houses in the area. WREN are doing a sterling job in the town and surounding area. Anyone thinking of setting up a similar comunity project should look to useing them as a model.

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