The UK government has announced today 15th March 2023 that it will be extending the energy price cap until July 2023. The cap was originally introduced in 2022 to protect consumers from overpaying for their energy bills. The cap limits the amount that energy companies can charge for their standard tariffs.
The announcement comes after the energy regulator Ofgem warned that energy bills could rise to £3,280 per year due to rising wholesale gas prices. The cap extension aims to provide stability and protection for consumers during these uncertain times.
The energy price cap has been a controversial topic since its introduction. Supporters argue that it protects vulnerable consumers from being exploited by energy companies. However, critics argue that it discourages competition and innovation in the energy market.
To gain independence from the energy suppliers a solar panel system and PV Battery from Wil-Lec GRP Ltd will save you £1000s over the lifetime of the system paying for itself a number of times based on todays energy prices.
Wil-Lec GRP Ltd only install systems that are viable for the client, we don't employ pushy salesman and offer genuine advice on the best system for you. Get in touch here, fill out the form and we will check your roof's viability for solar and if viable will provide you with a quote that will explain all the cost benefits, payback period and potential earnings. Wil-Lec GRP has been installing solar panels for over a decade and formed in 1997.