'Net zero cuts costs and saves cash': Clean technologies could save homeowners £23,000 by 2040

clock • 5 min read
Credit: iStock
Image:

Credit: iStock

Study aims to quantify savings from solar panels, heat pumps, and EVs - and warns not decarbonising will cost households and the country 'far more' compared to pursuing net zero goals

Households that install a range of clean technologies such as solar panels and heat pumps could save as much as £13,000 by 2035, and more than £23,000 by 2040, compared to homes that continue to use oil...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

Trade and Climate Tracker: How over 40 per cent of trade deals are serving to advance clean energy transition

Trade and Climate Tracker: How over 40 per cent of trade deals are serving to advance clean energy transition

New tool from International Institute for Sustainable Development (IISD) maps climate and clean energy commitments in mainstream trade and economic agreements

clock 23 July 2026 • 4 min read
CDP launches new AI-powered disclosure tool

CDP launches new AI-powered disclosure tool

New feature aims to streamline disclosure processes by harnessing AI-tools to analyse reports and sustainability documents

clock 21 July 2026 • 2 min read
EDF launches green grant programme for small businesses

EDF launches green grant programme for small businesses

EDF Small Business and Enterprise Nation team up to launch £25,000 sustainability grant programme

James Murray
clock 20 July 2026 • 2 min read