Solar Power Projects: Options to Consider
Government initiatives and Solar Power Projects are set to revolutionize the domestic energy market in the UK to which the cost will ultimately fall on the consumer. The UK Government has often been accused in the past of squandering tax-payers' money by administering initiatives that gave opportunists a means to exploit and profit from but without achieving the governments stated aims.
In this current economy government practice has changed somewhat because it now plans to provide the capital outlay whereby the bill payer meet the repayments. Can the consumer' own solar power project sidestep this?
Long has been the practice in the UK of the consumer not knowing what his average daily consumption of power is even though the Energy Industry has surreptitiously given their customers the job of reporting their own meter readings.
United States Energy companies have now set their attention on the UK's domestic power market on the basis of this one factor alone. We've become accustomed to having the meters recorded once a year although the rest of the year are happy to pay our expenses on the basis of estimated consumption.
It's this lack of openness that fits in with the governments initiative to have "smart meters" installed in homes throughout the UK. This has put the UK in the number one slot to keep an eye on in the coming year as the smart grid science and solar power project sweeps the nation.
This initiative is wide-ranging in it's aims because by the year 2020 an estimated 48 million homes will be installed with a smart meter (dual-fuel type). Presently, there are considered to be around 112,000 already set up. It seems like one of the most ambitious tasks since the fiber optic coverage. However, why the UK government should undertake such a large scale and expensive project of replacing operable meters rather than changing naturally as they become redundant or obsolete seems senseless as it's not likely to reduce consumption or cost.Continued on the next page