Homeowners turn to solar panels as oil prices rise
Summary
Rising oil prices caused by conflicts in the Middle East have led many homeowners in Yorkshire to buy solar panels. Local solar companies have seen a big jump in sales and inquiries as people want to save money and rely less on unstable fuel sources.Key Facts
- Solar panel sales in Yorkshire have increased by around 50% due to rising oil and fuel prices.
- The US-Israel war with Iran and closure of the Strait of Hormuz have pushed up crude oil prices.
- Energy supplier Octopus and local firms like Solar Plus Yorkshire and Leeds Solar report much higher demand.
- Customers want to save money and feel more control over their energy use by generating their own power.
- The war and past events like the Ukraine conflict and Covid energy bill spikes have spurred interest in solar energy.
- Solar panels mostly come from China, so supply disruptions could slow installations.
- Experts advise homeowners to research carefully and get multiple quotes before installing panels.
- Some people, like homeowner Chris Simpson, moved up their plans to install solar due to these events.
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