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Tuesday, 14 December 2010

Gas and electricity prices up 5.1%

nPower has put up its standard gas and electricity prices by 5.1% last Friday 10/12/10. Also other providers have stopped many of their cheaper deals such as the online Saver Version 7 tariff from EDF Energy. Although these prices may be influenced by the cold weather and short term shortages it seems these price rises are the future. Now is the time to consider generating your own energy by installing a Solar PV system. A typical system will  generate 50% of the electrical needs of an average house. The payments from the feed in tariff are index linked and the value of electricity saved will increase as the cost of electricity increases. A Solar PV system should therefore protect you from price rises for the next 25 years.

Simon Herbert

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