Ikea has launched its new solar battery unit which has come with the claim that it could DOUBLE solar panel savings.

The battery storage and solar panel package is available in Ikea stores across the country and could lower bills by 70 per cent.

And while the cost of installing the package starts at around £6,000 and lasts up to 25 years, it could have a significant saving, once the initial cost is covered.

So how much money could it save you?

Escalating bills

The big six energy providers are hiking up their prices again this year, but what if you took matters into your own hands and started to provide your own energy?

The cost of solar panels is 100 times cheaper than they were 35 years ago, and more and more people are choosing solar energy as a viable way of powering their home.

Many solar-powered homes are boasting monthly bills of around a few pounds, compared to the £60-£120 paid by traditionally-powered households.

Value

Ikea claims the system can cut electricity bills by 70 per cent – or an average of £540 a year – as having the battery storage allows households to keep more of the electricity they generate, so they’re not as reliant on the national grid.

Hege Saebjornsen, country sustainability manager, Ikea UK & Ireland said: ‘At Ikea we’re always looking for ways to help customers take positive actions at home for both the environment and their wallets.

‘We know that our customers want to live more sustainably and together with Solarcentury we will help them to get more value from their solar panels and do just that.

‘With energy bills already going up 15 per cent this year, there’s never been a better time for customers to take back control of their electricity bills and maximise their savings by switching to solar and solar storage.’