The Growing Trend of Solar-Battery Energy Storage Systems and EV Chargers in UK Property Development

As sustainability continues to become a key focus, property developers in the UK are increasingly integrating solar battery energy storage systems (BESS) and electric vehicle (EV) charging stations into their projects. This shift reflects both market demand and evolving regulations, driving the property sector towards a greener future.

Here, we explore why solar/BESS and EV chargers are becoming essential features in UK property development, along with some key facts and figures shaping this trend.

Government Regulations and Incentives

One of the most significant factors behind the rise of solar/BESS and EV chargers in property development is the UK’s push towards a net-zero future. The government has implemented several policies to encourage renewable energy and electric vehicle adoption.

  • Net Zero by 2050: The UK aims to reach net-zero carbon emissions by 2050, with renewable energy at the forefront.
  • 2030 Ban on New Petrol and Diesel Vehicles: The sale of new petrol and diesel cars will be banned from 2030, further accelerating the need for widespread EV infrastructure.
  • Smart Export Guarantee (SEG): Homeowners can sell excess solar energy back to the grid under the SEG, creating a revenue stream for properties with solar panels.
  • EV Charging Grant: The Electric Vehicle Homecharge Scheme (EVHS) provides a grant covering up to 75% of the cost of installing EV chargers, up to £350 per charging point.

These policies help both developers and buyers benefit from cost savings and align with future regulations.

Rising Consumer Demand for Sustainable Living

Modern buyers and renters are increasingly eco-conscious, making sustainability a key selling point for new developments.

  • 76% of UK Homebuyers: According to a study by Knight Frank, 76% of UK homebuyers consider energy efficiency and environmental impact important factors when choosing a home.
  • Solar Panel Installations: There are now over 1.3 million solar panel installations in the UK, reflecting growing consumer demand for clean energy.
  • Electric Vehicle Adoption: There are more than 780,000 electric vehicles registered in the UK as of 2023, a number that continues to rise rapidly, with the EV market growing by 40% annually.

This shift toward sustainable living is pushing developers to incorporate renewable energy and EV solutions to meet buyer expectations.

Future-Proofing Developments

Solar/BESS and EV charging points are key to future-proofing new developments. As energy costs rise and regulations tighten, properties equipped with renewable energy and EV infrastructure will be more attractive to buyers and investors.

  • Energy Savings: Homes with solar panels can save an average of £300-£500 per year on electricity bills, depending on the size of the system and energy consumption.
  • Property Value Increase: A study by the Department of Energy and Climate Change (DECC) found that installing solar panels can increase property values by up to 4.1%.
  • Rental Yield: Properties with EV chargers are more attractive to tenants, often commanding up to 7% higher rental yields, according to recent property market research.

These statistics highlight the long-term financial and environmental benefits for both developers and homeowners.

Attracting Eco-Friendly Investors and Tenants

The growing interest in ESG (Environmental, Social, and Governance) investments is driving demand for sustainable buildings.

  • £1 Trillion in ESG Investment: The UK’s ESG investment market is projected to reach £1 trillion by 2030, with sustainability becoming a key factor in property investment decisions.
  • Corporate Demand for Green Buildings: Nearly 80% of large corporations in the UK now prioritize renting commercial spaces in buildings that are energy-efficient and environmentally friendly.
  • Commercial developments with solar energy systems and EV charging stations are more appealing to corporate tenants, enhancing leasing opportunities and long-term investment value.

Technology Advancements and Decreasing Costs

The rapid advancement of solar and EV technology has made these systems more affordable and efficient for property developers.

  • Solar Panel Cost Decrease: The cost of solar panels has decreased by more than 70% over the past decade, making it easier for developers to integrate them into projects.
  • Increased Efficiency: Modern solar panels are more efficient, with some panels now converting 22-23% of sunlight into energy, compared to earlier models at around 15%.
  • EV Charger Installation: EV charger installation costs have also decreased, with smart charging systems allowing for optimized energy use and better integration with solar power.

These advances make it easier and more cost-effective for developers to incorporate solar and EV infrastructure into new builds.

Boosting Property Appeal and Value

Sustainable homes and developments are in high demand, and buyers are willing to pay a premium for properties equipped with eco-friendly features.

  • Higher Sale Prices: A study by Nationwide found that homes with energy-efficient features, such as solar panels, sell for up to 9% more than properties without.
  • Reduced Carbon Footprint: Installing solar panels on a typical UK home can save approximately 1.5 to 2 tonnes of CO2 emissions annually, further boosting a property’s green credentials.
  • By offering lower energy bills, higher resale values, and eco-friendly features, properties with solar and EV charging infrastructure provide a competitive edge in a crowded market.

Leading the Green Revolution in Property Development

The integration of solar/ BESS and EV charging stations is no longer a trend—it’s becoming the new standard in UK property development. With government regulations, consumer demand, and technological advancements all pushing the industry toward sustainability, property developers who embrace these changes will be well-positioned to lead the green revolution.

By adopting renewable energy solutions and future-proofing properties, developers can boost their projects’ appeal, enhance property value, and contribute to a sustainable future for the UK housing market.

 

If you’re a property developer looking to integrate solar power or EV charging solutions, contact us to discover how we can help you create sustainable, high-end developments with cutting-edge energy solutions.