Could solar panels and smart meters hold the key to rising energy bills?

British online searches for solar panels and smart meters have increased exponentially, according to eBay

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Brits appear to be turning to solar panels to tackle rising energy bills.

New data from e-commerce giant eBay UK shows that online searches for solar panels have increased by 45% compared to the same period last year.

eBay also estimated there’s one search every minute for solar panels as families feel the cost-of-living squeeze.

The report, which is based on eBay search data from 12th February to 13th March, also suggests demand for ‘smart meters’ has also risen by 68%.

Starting from next Friday, the price cap will rise from the current level of £1,277 to £1,971.

Prepayment customers will see an increase of £708 from £1,309 to £2,017.

Murray Lambell, General Manager at eBay UK, said: With the energy price cap set to rise, many families are understandably looking for ways to keep costs low, causing a surge in demand for products like solar panels.

“These shoppers are making savvy investments to tackle the cost of living squeeze and the market for green energy is growing as a result, making a positive impact on wallets as well as the planet.”