www.resolutionfoundation.org/publications...
www.resolutionfoundation.org/publications...
More cash for those with higher tax rates (meaning more income) is the opposite of what we should be doing - getting solar panels onto the rooves of fuel poor families. Poorer families have less salary to sacrifice, meaning less or no subsidy for them
More cash for those with higher tax rates (meaning more income) is the opposite of what we should be doing - getting solar panels onto the rooves of fuel poor families. Poorer families have less salary to sacrifice, meaning less or no subsidy for them
Crucially, this would also protect from short term price volatility that families can't be expected to manage
Crucially, this would also protect from short term price volatility that families can't be expected to manage
That means more costs of pricy peak energy and less saved in off-peak discounts.
That means more costs of pricy peak energy and less saved in off-peak discounts.
The evening peaks are when households are coming home and cooking – not schedules most will want to shift.
The evening peaks are when households are coming home and cooking – not schedules most will want to shift.
But almost nine-in-ten households pay the same price all day
But almost nine-in-ten households pay the same price all day
As we showed for the EV scheme, salary sacrifice locks most low-income households out of meaningful subsidy and chucks huge sums to the highest earners
As we showed for the EV scheme, salary sacrifice locks most low-income households out of meaningful subsidy and chucks huge sums to the highest earners
Upfront costs make solar hard for most to afford, so there are a lot more panels in richer neighbourhoods. Policy can change this.
Upfront costs make solar hard for most to afford, so there are a lot more panels in richer neighbourhoods. Policy can change this.
But rooftop solar has a different role - it cuts energy spending a lot (around £440 a year) for those that get them, equivalent to a quarter of energy spend for low-income households.
But rooftop solar has a different role - it cuts energy spending a lot (around £440 a year) for those that get them, equivalent to a quarter of energy spend for low-income households.