30 Sep '13, 9pm

IKEA will sell solar panels in UK stores

IKEA will sell solar panels in UK stores

Ikea has chosen Britain to launch a new service. In addition to selling furniture and housewares, it plans to sell solar systems at all 17 of its U.K. stores within a year. A pilot at a store near London sold a solar system almost every single day. Britain's solar market "has the right combination of mid-level electricity prices and government-sponsored financial incentives that make investing in solar energy attractive to consumers," Steve Howard, IKEA's chief sustainability officer, told the Associated Press . In Britain, homeowners can buy a solar systems without upfront costs -- they can get a loan from the government and get paid for sending excess energy to the grid. Prices have dropped to the point where the payback period is just seven years, he says, and an average family will save 50 percent on their utility bill. It costs $9,200 for a 3.36 kilowatt system in the...

Full article: http://www.greenbiz.com/blog/2013/09/30/ikea-sell-solar-p...

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IKEA to start selling solar panels in UK stores

IKEA to start selling solar panels in UK stores

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