• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 5 days Cheaper prices due to renewables - forget it
  • 5 days e-cars not selling
  • 6 days If hydrogen is the answer, you're asking the wrong question
  • 5 days How Far Have We Really Gotten With Alternative Energy
  • 6 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
Latest Cuts Leave OPEC with Fewer Options

Latest Cuts Leave OPEC with Fewer Options

For OPEC+ the situation is…

City A.M

City A.M

CityAM.com is the online presence of City A.M., London's first free daily business newspaper. Both platforms cover financial and business news as well as sport and…

More Info

UK Homes Are Turning To Solar Panels To Tackle Sky-High Energy Prices

Solar panels and smart meters have gained traction with households hoping to save money on energy bills, according to new search data from eBay UK.

With the consumer price cap set to rise to nearly £2,000 per year next month, customers are looking for energy-saving improvements – with green energy options taking center stage. 

Compared to this time last year, the number of searches for ‘smart meters’ has increased more than 68 percent on eBay UK, while the number of searches for ‘solar panels’ has increased by more than 45 percent, with one search every minute for ‘solar panel’.

People are also seemingly looking for added value – with searches for ‘used solar panels’ up for 30 percent this quarter compared to the same time in 2021.

Meanwhile, energy consumers who already had solar panels were also looking to upgrade, with 6 out of 10 of the top trending items in the DIY category over the last week being either solar panels or solar powered batteries.

Murray Lambell, general manager eBay UK said, “With the energy price cap set to rise, many families are understandably looking for ways to keep costs low, causing a surge in demand for products like solar panels. These shoppers are making savvy investments to tackle the cost of living squeeze and the market for green energy is growing as a result, making a positive impact on wallets as well as the planet.

Energy firms have already outlined their commitment to surge pricing – with Ofgem set to be granted legal powers in May to change how smart meters operate.

This means information about usage is sent to suppliers every 30 minutes by default – rather than customers opting in as they do at the moment.


Suppliers will be able to use the data to adjust energy prices up to 48 times per day, meaning households could be charged more at peak times.

By CityAM

More Top Reads From Oilprice.com:

Join the discussion | Back to homepage

Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News