Solar takes the lead in domestic generation market - 17/01/2011
Energy comparison customers might be interested to hear that solar energy generation is the option most feed-in tariff scheme applicants choose due to favourable returns.
According to Renewable Energy Focus, a report from technology analyst Greenbang found the number of solar installations increased to more than two times the 2009 level in six months.
The study also forecast that the next two years will see a period of growth in the domestic energy generation market.
Lead author Raphael Raggatt commented: "The rate of installations is expected to peak after 18 months and so the key period of growth is within that time, meaning that solar has really taken the lead.
"However, there is great potential for the whole of the small-scale UK renewable energy market as it is an ideal location for all of the technologies supported by the scheme," he added.
The feed-in tariff scheme was introduced under the previous Labour government as a way for homes and businesses to generate their own cheap energy and make money from selling excess power back to the national grid.
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