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Recent increases in fuel costs likely to spark new interest in Solar Power.


Will you be tempted to buy an electric car with ever rising fuel prices?


 

Since January 2013 motorists will have noticed that fuel prices have increased by 6p/litre and will no doubt fuel will be £2/litre in 2 or 3 years time. Such an increase may prompt more drivers to consider electric cars and use solar power as a free energy source.

Over the past 2 years there has been a large interest and take up in Solar panels with feed in tariffs of 43p per Kwh over 25 years The tariff has been recently been reduced to just 16p/kwh over 20 years. The good news is that a 4kw system that cost £11,000-£15,000 just two years is now down to £6000-£7000.

Paul Hutchen’s, Managing Director of Eco2solar outlines that the annual returns are still good at around 10% thanks to the reductions in the cost of solar panels and components.  A growing number of solar PV customers are having car-charging points installed to gain the benefit of effectively “free energy” which makes financial and environmental sense. Charging points generally cost between £500-£1000 to install.

With the introduction of new electric cars such as the Renaults Zoe or Twizzy, which cost £13650K and £6690K respectively, will be the attraction of free electricity from solar panels to charge cars. It takes around 10kwh to power an electric car to travel 40 miles. A 2.7kwh PV system of 12 panels gives around 2700kwh  in a year which is good enough to power a small car over 8000 miles if all the power was captured. In reality electric cars are often used when it is sunny, however even by using just 400kwh of solar energy for use in an electric car will save around £250 compared to petrol and produce no CO2 which is good for the planet.

Annual sales of electric vehicles could hit 100,000 in Britain by 2015, rising to 200,000 by 2020. With these projections based on current market supply and demand, it is predicted electric vehicles would have a 10% market share by 2020 or possibly even bigger if the UK is to achieve the target of 1.7 million electric cars and plug-in hybrids by 2020.

 

 

Click on image for more details  about Eco2Solar on our NoticeBoard 

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Read my review of the Ampera. It is certaintly worth a test drive. Click on images below.

 

 

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