Up on the roof with EST.

Solar panel sales to surge by 2011

Published:  08 March, 2010

UK: One of Britain largest manufacturers of solar panels is predicting a tenfold rise in demand for solar panels over the next two years.

Sharp said the Government's clean energy cash back scheme could bring the number with solar panels from 28 000 to around 250 000 by the end of 2011.

According to Sharp's general manager, Andrew Lee, the feed-in tariff and a new system of loans will enable thousands of homeowners to purchase solar panels.

Figures from the Department of energy and Climate change show that more than 800 000 homes could have solar panels over the next 25 years.

Most systems costs between £8000 and £14 000 for an average home, according to the Energy Saving Trust.

From 2010, families will be able to borrow from their electricity providers at 'a preferential rate'.

Over a 25-year period, homeowners could sell their surplus electricity baco the the National Grid.

The system is said to cut bills by £150 a year and the average household can earn about £900 a year selling back their surplus energy.

Sales of the panels alone would create 30 000 jobs.

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