In a bid to make solar energy more accessible to UK homeowners Enact Energy has announced it has cut its prices. The new reduced rates have been launched as increases to the price of electricity bills saw Energy Secretary Chris Huhne announce new powers for the regulator to clamp down on ‘predatory pricing’ by the large energy suppliers.

Prices of solar electricity systems from Enact now start at £5,499, with the company also offering a Price Match Promise that will see them match the price of any quote for a comparable system found elsewhere. 

“There is a real and growing appetite from the UK consumer to look for alternative ways of heating their homes and reducing their energy usage,” said John Egan of Enact. “There is no doubt that yet another round of energy price rises have triggered considerable interest in solar electricity, which has prompted us to reduce the prices of our systems and introduce the Price Match Promise at the same time.”

“The fact that through the feed-in tariff, households fitting a solar electricity system can not only reduce their electricity bills but receive a guaranteed annual income for 25 years is an added and attractive benefit,” he added.

Enact Energy will match its price to that of a competitor, provided that all of the following items are, in Enact Energy’s opinion, equal to those offered by Enact.

The price reductions in solar include Sharp and Noble panels as well as Sanyo and Romag Black Panels. The inverters are supplied by SMA, Diehl Ako and Solar Edge, yet these are included in the kit price so have not had specific price reductions.

Enact is able to reduce the price of its solar systems due to its large retail partnerships, The company has negotiated more competitive rates with its suppliers, making the systems more accessible to the domestic market.