In December 2024, the £6.6 billion Warm Homes Plan was announced. It aims to provide grants and affordable loans to homeowners for installing solar panels and battery storage systems. Millions of homeowners will be given grants and cheap loans to convert their properties to solar power, as part of the government’s attempt to hit its 2030 clean energy pledge.
Under the plans, which are still being developed, eligible fuel-poor households would be given upfront grants to install solar panels and batteries, while richer households could be eligible for cheap government-backed loans to cover the upfront costs of the work.
Ministers are also considering increasing the amount households can make from “selling back” any unused electricity they generate to the grid to increase the incentives for homeowners to take up the offer. This could be quite appealing to consumers considering solar panels for long-term cost efficiencies.
Check out Wickes Solar, powered by Solar Fast, a market-leading solar panel installer that has helped thousands of homes across the UK on their solar energy journey.