At Amco Renewables, we believe in providing businesses and clients alike with renewable energy sources like solar power and green and clean energy like wind power to reduce carbon dioxide emissions the world over, leading to a better tomorrow for future generations.
Renewable energy may seem costly upfront, but the costs in the long-run more than make up for installation and product costs—not just personally, but for the world as you contribute positively to the reduction of carbon emissions.
In this blog, we’ll explain the costs involved with using renewable energy, which renewable energy sources are available to you, and market trends associated with renewable technologies.
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What Is Renewable Energy?
Renewable energy is energy made from renewable natural resources that are replenished, unlike traditional power generation sources such as fossil fuels.
Renewable energy sources include solar energy, wind power, hydropower, bioenergy, and geothermal energy. This kind of energy generation can help reduce greenhouse gas emissions and mitigate climate change.
For more detailed information, check out our previous case study: “Amco Renewables Explains: Why Should We Use Renewable Energy?“.
Renewable Energy Technologies: Cost-Effective & Climate-Friendly
Renewable energy technologies are becoming increasingly cost-competitive with fossil fuels. Solar power, offshore wind power, and hydropower are the most widely used renewable sources, in both commercial and residential settings.
As well as reducing energy bills, renewables also reduce carbon emissions, positively affecting climate change.
Other renewable energy technologies include bioenergy, geothermal energy, and tidal energy. Renewable energy sources come from all kinds of natural places—from the sun’s rays, the sea’s waves, and the breeze!
Renewable energy technologies can be used to generate electricity and heat in your home or business, and this renewable power is only getting more popular due to the benefits of a reliable electricity supply, lower electricity bills, and less worry over an energy crisis.
Solar Power: Solving Shocking Energy Bills
Solar power is one of the fastest-growing renewable energy technologies. Solar panels convert sunlight into electricity using photovoltaic (PV) cells, and can be used for electricity generation, heating, and cooling.
Solar power is becoming increasingly cost-competitive with fossil fuels, meaning your rising energy bills could plummet if you install a solar PV system in your property today.
While the upfront costs of solar systems may seem high, there are plenty of government grants and incentives to apply for (including tax credits) which make a solar thermal energy system an even easier choice to make for your home or business.
Renewable Energy Sources: Let Nature Power Your World
There are many renewable energy sources to choose from when it comes to energy generated for your property. The most well-known are wind technologies, solar energy, and tidal energy.
Wind power is a widely used renewable energy technology that generates electricity by harnessing the power of wind, reducing consumption of fossil fuel and benefitting you with cost reductions.
Hydropower is a renewable energy technology that generates electricity by harnessing the power of moving water. This ocean energy reduces fuel costs by harnessing natural power generation of tidal energy.
Bioenergy is a renewable energy technology that generates electricity and heat from organic matter. The electricity produced is clean, and does not contribute to global warming.
Geothermal energy is a renewable energy technology that generates electricity and heat from the Earth’s heat, meaning the extra heat produced by global warming can be transformed into renewable energy power generation.
Renewable Energy Generation Costs
The cost of renewable energy generation is decreasing rapidly, making it an even easier choice for your home or businesses power generation. The levelized cost of electricity (LCOE) from renewable electricity is becoming increasingly competitive with fossil fuels.
Solar PV and wind power are by far the most cost-competitive renewable energy technologies, taking renewable power generation from unattainable to an everyday expense.
Ready to pass on savings on renewable technologies to your clients? Create your free account today and take advantage of monthly offers and specials from your solar supplier: Amco Renewables.
Decreased Upfront Costs & Longer Savings Long-Term
The cost of renewable energy technologies is decreasing due to economies of scale and technological advancements. Installing a solar panel system on the roof of your home or business is cheaper than ever before.
The cost of solar and wind technologies is decreasing rapidly. The cost of energy storage technologies such as solar batteries is also decreasing. Other renewable technologies such as electric vehicles are also on the rise as consumers seek to reduce their carbon dioxide produced.
With greater energy efficiency from an electricity mix of solar and wind generation, you can edge closer to net zero emissions and reduce your carbon footprint, while cutting down on your energy bills, too.
Renewable Energy Costs FAQS
What is the UK electricity mix in 2025?
As of 2025, the UK’s electricity mix is largely decarbonised, with renewable sources such as wind, solar, and hydro making up a significant portion of energy produced.
Wind power is a major contributor, along with solar energy. Fossil fuels (coal and natural gas) are still used, but at much lower levels due to continued decarbonisation efforts.
Are renewables really cheaper than fossil fuels?
Yes, in many cases, renewable energy sources are now cheaper than fossil fuels. The cost of producing electricity from onshore wind and solar generation has dropped significantly.
This often makes renewable sources more affordable than electricity generated from coal and gas, particularly as fossil fuel prices can fluctuate and are impacted by global market trends.
Renewables also benefit from lower operational costs once infrastructure is in place.
What is 100% renewable energy generation?
100% renewable energy generation refers to an energy system where all electricity is generated from renewable sources, with no reliance on fossil fuels or nuclear energy.
This includes solar, wind, hydro, and other renewable sources that can consistently provide power without emissions.
Will the UK ever be 100% renewable energy?
While achieving 100% renewable energy (or total energy supply) in the UK is a challenging goal, it is technically possible.
The UK government has ambitious plans to decarbonise its energy system by 2035, and renewable energy sources are expected to play an increasingly dominant role.
However, challenges like providing more energy storage, grid capacity, and weather dependency will need to be addressed to ensure a reliable and consistent 100% renewable energy system.
What percentage of UK electricity comes from renewables?
As of 2024, around 40-50% of the UK’s electricity comes from renewable sources.
Wind power generation and concentrated solar power are the dominant contributors, followed by biomass and hydro.
The share of renewables in the electricity sector is steadily increasing as fossil fuels decline and new renewable capacity added. This supply growth will propel the energy transition to renewables forward.
What is the cheapest form of electricity?
The cheapest form of electricity in the UK typically comes from renewable sources like solar and wind, with solar power being particularly cost-effective once the panels are installed.
After the initial investment, sunlight is free, and maintenance costs are low.
How many solar panels do I need for a 3 bedroom house in the UK?
For a three-bedroom house in the UK, the number of solar panels needed depends on the household’s energy usage, roof size, and panel efficiency.
On average, you’d likely need around 10 to 14 panels (a 4kW system) to cover typical energy needs.
