You could win money-saving solar panels worth £4,500

Solar energy, often called solar power, is the incredible force we tap into from sunlight. Through a phenomenon called the photovoltaic effect (every day’s a school day), we can transform the sun’s rays into electricity. It can power everything from your telly to your fridge, lights, and all your favourite appliances.

And in association with solar experts egg, we’re giving away one solar panel system worth £4,500! The lucky winner of our prize draw will not only get the system, they’ll also get free consultation and installation from egg – and they’ll be saving money long into the future too.

The prize draw is open until 30 April 2025 to current O2 customers who are UK residents age 18+ and are homeowners. Terms and exclusions apply – see below. 

That’s right – while you’re probably already aware of renewable energy’s many environmental benefits, people don’t talk as much about the everyday financial benefits of clean energy. Better yet, installing solar panels is more accessible than ever.

With energy prices increasing, there’s never been a better time to consider adding solar panels to your home. The experts at egg have been powering the change to green energy for its customers for more than 10 years, helping people from all walks of life to make greener choices with its award-winning products like solar panels, battery storage and electric vehicle charging solutions.

With summer on the way, and the price of solar declining by around 90% since 2010, there’s never been a better time to switch. And if you’re not lucky enough to win the prize, as an extra helping hand, as an O2 customer you can now claim a £500 discount when you sign up for egg’s solar solutions through this link. Just another way of making stress-free solar a reality. Redemption mechanic, eligibility and terms apply (see below for details).

Armed with the right information, you can decide if solar energy is the right choice for your home. So, how else can renewable energy save you money? Here are three financial benefits of installing solar panels:

Installing solar panels means generating your own energy, saving it for later with battery storage, or selling the leftover energy by sending it back to the national grid. With just 6 solar panels, you could generate up to 2,848 kWh each year. This could save you between £140 and £340¹ a year off bills at current Energy Price Cap rates. Obviously, it varies based on factors like location, energy usage and system size. That’s money you can put towards the things that truly matter to you.

But what about the burning question: how long until I start seeing those savings? Patience is key. It typically takes a few years to recoup your initial investment, but after that, it’s smooth sailing to the land of savings. Just think of it as a long-term commitment to both your wallet and the environment.

A smart way to maximise the return on investment is a home battery that stores any extra solar energy you generate so that you can use it later – even after the sun goes down. Perfect for these summer months on the way.

Did you know homes with solar panels are valued 6.1%-7.1% higher than those without? A study by Swansea University² found that, on average, a house with solar panels could sell for £14,062 to £16,368 more than a house without.

The government, private energy companies and non-profit organisations are all gearing up for a fossil-free future which makes solar panels a desirable feature for many home buyers. The peace of mind of knowing that you aren’t reliant on the grid is often a sought-after selling point for potential homeowners.

With such a push for transitioning to green energy, the UK government is incentivising people to make the switch to solar. One such scheme is the Smart Export Guarantee (SEG), a government-backed scheme that pays households and businesses for the excess solar electricity they export to the grid.

UK residents can also claim reduced VAT for energy-saving products such as solar panels for up to 5 years. The UK government’s decision to scrap VAT on solar panels and other renewable energy technologies will save a typical family with rooftop solar panels more than £1,000 on installation and £300 annually on their energy bills.³

These are just the financial benefits of installing solar panels in your home. When it comes to the environment, a solar system will reduce your reliance on oil and gas, which will reduce your home’s carbon footprint. ⁴ 

If you’re interested in installing solar panels in your home, don’t hesitate to contact egg. Remember, O2 customers can claim a £500 discount when you sign up for egg’s solar solutions through this link. Its energy specialists will be happy to answer your questions and help you move to a greener, cost-effective alternative to traditional fossil fuels. 

O2 customers are in with a chance of winning a solar panel system worth £4,500 from egg. For your chance to win, just answer the following question: 

According to Swansea University’s research figures, how much would solar panels increase the value of an average UK house?

A) 2.5-3.5%

B) 4.2%-5.2%

C) 6.1%-7.1%

Email your answer – A, B or C – to: TheDrop@virginmediao2.co.uk  with “egg Prize Draw” in the subject line by 11.59pm on 30 April 2025. Please include your answer to the question, your first name and last name, phone number and address. See full terms and conditions below. Good luck. 

Published: 14 April 2025

1.      Solar panels: Are they worth it? – MoneySavingExpert

2.      How do solar panels affect property prices in the UK?

3.      0% VAT on Solar Panels and Heat Pumps (March 2025)

4.      Home solar is cutting UK's carbon footprint - Energy Live News

^{Egg’s Discount Reward – Terms and Conditions}

^{1. Participants agree to be bound by these terms and conditions ("Terms").}

^{2. Promotion administered by Telefonica UK Limited (“O2”, “we”, “us”, and “our” or similar) (Company Number: 1743099, with a registered office 500 Brook Drive, Reading, United Kingdom, RG2 6UU) and promoted by Phoenix Renewables Limited (trading as “egg”).}

^{3. “Reward”: O2 customer who purchase a Solar & Storage package from egg will be eligible to receive a £500 discount on their purchase.}

^{4. End Dates: The Reward is valid until 31 May 2025. Claims received after the end date will be invalid.}

^{5. Eligibility Criteria: This reward is available to existing O2 customer aged 18 or over resident in the United Kingdom but shall not be open to employees of Telefonica UK Limited and/or Virgin Media Limited, their immediate family members and anyone professionally connected with this Reward. In order to qualify for this Reward, you must be a homeowner and not renting a property. Further exclusions may apply, including areas of conversation and listed buildings. Homes in areas of conservation and listed buildings can be subject to council applications. Flat owners and existing Solar and Storage (egg, Cracking Energy) customers are not eligible for this Reward.}

^{6. Redemption mechanism: To redeem, eligible O2 customers must access the following link: Advantages of solar panels | egg - Cracking Clean Energy to be redirected to egg’s website. To obtain the discount, you must undertake a virtual consultation with an egg agent via telephone. The egg consultant will be able to confirm if you are eligible for the Reward and they will apply the discount if you choose to purchase a Solar and Storage package from egg. Maximum of 1 Reward per O2 customer.}

^{7. Entries not submitted in accordance with these Terms will be disqualified. We reserve the right to disqualify any participant reasonably suspected by us of cheating, behaving fraudulently, acting dishonestly, or otherwise acting contrary to these Terms.}

^{8. Reward cannot be run in conjunction with any other offer, discount or reward.}

^{9. Reward is non-transferable and cannot be exchanged for a cash equivalent.}

^{10. O2 reserves the right to suspend, cancel or amend the Reward/promotion and/or review and revise these Terms at any time without giving prior notice and by continuing to take part in the promotion subsequent to any revision of these terms, entrants shall be deemed to have agreed to any such new or amended terms.}

^{11. O2 and its agents shall not be responsible or liable to compensate the participant for any loss, damage or consequential damage of any nature in contract, tort (including negligence) or otherwise caused by acceptance of these Terms and/or in connection with the Reward (to the extent permissible by law).}

^{12. Data Protection: We will only use your data in line with applicable data protection legislation (including but not limited to General Data Protection Regulations) and subject to our Privacy Policy. By participating in the promotion, participants consent to the transfer of their personal data to the Data Controller and the use of their personal data for the purposes of the administration of this promotion and any other purposes to which the participant has consented.}

^{13. This promotion is governed by English Law and is subject to the exclusive jurisdiction of the English courts.}

^{14. For any concerns about this promotion please contact Phoenix Renewables Limited.}

^{Egg’s Prize Draw - Terms & Conditions}

^{1. This Prize Draw is administered by Telefonica UK Limited (“O2”, “we”, “us”, and “our” or similar) (Company Number: 1743099, with a registered office 500 Brook Drive, Reading, United Kingdom, RG2 6UU) and promoted by Phoenix Renewables Limited (trading as “egg”).}

^{2. By entering the Prize Draw, you (the “Entrant”, “you”, and “your” or similar) confirm that you have read the Conditions and agree to be bound by them and confirm that all information submitted is true, accurate, and complete. Please ensure you read these carefully as entry into this Prize Draw is subject to and conditional upon acceptance to these Conditions. We reserve the right to verify the eligibility of any and all Entrants and may, in our sole discretion, disqualify any Entrant that fails to satisfy the eligibility requirements. Entrants shall at all times act in good faith towards us and the Prize Draw.}

^{3. The Prize Draw is only open to O2 customers aged 18 or over resident in the United Kingdom but shall not be open to employees of Telefonica UK Limited and/or Virgin Media Limited, their immediate family members and anyone professionally connected with this Prize Draw. Entries on behalf of someone else will not be accepted. Maximum of 1 entry per O2 customer.}

^{4. Entries not submitted in accordance with the rules of these Conditions will be disqualified. We reserve the right to disqualify any Entrant reasonably suspected by us of cheating, behaving fraudulently, acting dishonestly, or otherwise acting contrary to these Conditions.}

^{5. The Prize Draw closes at 11.59pm on 30 April 2025 (“Closing Date”). Entries received after the closing date will be invalid.}

^{6. To enter the Prize Draw you must answer the question listed in The Drop correctly by sending an email to TheDrop@virginmediao2.co.uk before the Closing Date and ensure it contains the following details:}

^{a. Your answer (which must be correct)}

^{b. Your first and last name}

^{c. Phone number}

^{d. Full address, including county and postcode}

^{7. The Prize includes an egg solar panel system, with installation included. Winner will be offered the opportunity to purchase more panels and batteries for an additional price. egg will be in touch with the winner directly to liaise a time for a virtual consultation and design, ahead of the installation.}

• ^{“Prize” details:}

  • ^{Egg panel solar system (RRP £4,500 - RRP depending on wattage and number of solar panels)}

  • ^{Bespoke consultation with a solar expert, with opportunity to purchase more panels and a battery at an extra cost}

  • ^{All system hardware}

  • ^{Delivery, compete installation, commissioning and testing}

  • ^Scaffolding

  • ^{All relevant certifications, registrations and notifications}

  • ^{Product and performance warranties}

  • ^{Personalised design system}

  • ^{Performance monitoring via solar app}

• ^{The Prize is non-transferable and cannot be exchanged for a cash equivalent.}

• ^{The Prize must be redeemed from egg within 6 months of winning. Claims received after this timeframe will be invalid.}

• ^{Flats owners are excluded and will not be eligible for the Prize. In order to qualify for this reward, you must be a homeowner, and not renting a property.}

• ^{Further exclusions may apply, including areas of conversation and listed buildings. Homes in areas of conservation and listed buildings can be subject to council applications.}

• ^{Existing Solar and Storage (egg, Cracking Energy) customers are not eligible for this Prize. However, egg electric vehicle charging customers are.}

• ^{Storage of electricity only possible with a battery solution.}

^{8. The details of the winner will be shared with egg for the purposes of delivering your Prize. egg will book a virtual consultation with the winner to confirm they are eligible for the Prize.}

^{9. One winner will be selected at random by an independent process from all valid entries received and will be notified by no later than 12 May 2025. You will be notified if you have won a Prize by phone or email and must claim your Prize within 4 working days after having been notified. If you do not respond or we do not receive a response within 4 working days of being notified you will forfeit your Prize, and we reserve the right, at our discretion, to choose another winner or to dispose of the Prize as we see fit. Our decision regarding any aspect of the Prize Draw, including without limitation correspondence regarding the Prize, is final and binding and no correspondence will be entered into about it.}

^{10. We reserve the right to cancel and/or amend these terms and conditions and/or the Prize Draw at any stage but we will only do so for reasons outside of our reasonable control. We will endeavour to minimize the effect of such cancellation or amendment on participants in order to avoid disappointment, which may include providing an alternative Prize Draw if the original Prize Draw becomes unavailable for any reason.}

^{11. We will only use your data in line with applicable data protection legislation (including but not limited to General Data Protection Regulations) and subject to our Privacy Policy. We will not pass on your personal information to third parties except in accordance with these Terms and Conditions or where we are required to disclose that information in order to comply with any legal or regulatory requirements. Entrants’ data will be collected, stored and processed for the purposes of administering and assessing this Prize Draw and will not be processed for any other purpose, unless entrants choose or have chosen to receive information from O2. Future marketing will only be sent in accordance with each entrant’s marketing preferences. For more information on how O2 processes personal data, please see the O2 Privacy Policy. Entrants can change the types of marketing messages they receive or control at any time. Unless winner objects, O2 may publish or make available winner’s details if requested to demonstrate that a valid award took place. Winner’s entry, name, social media username and/or photos may be used for promotional purposes including for display on the O2 social media channels. By participating to this Prize Draw, entrants are confirming that they understand the O2 Privacy Policy.}

^{12. We accept no responsibility for entries not successfully completed due to a technical fault including without limitation a technical malfunction, computer hardware or software failure, satellite, network or server failure of any kind. If the Prize Draw is not capable of running as planned or entries are not received or validly submitted or the Prize Draw (as defined) becomes unavailable, we reserve the right to cancel, terminate, modify or suspend the Prize Draw if necessary.}

^{13. We and our agents shall not be responsible or liable to compensate the winners for any loss, damage or consequential damage of any nature in contract, tort (including negligence) or otherwise caused by acceptance of these Terms and Conditions and/or in connection with the Prize Draw (to the extent permissible by law).}

^{14. We will not be responsible for any inability of a Prize winner to take up the specified Prize.}

^{15. These Conditions and any disputes or issues arising out of or in connection with them (whether contractual or non-contractual in nature, such as claims in tort, breach of statute/regulation or otherwise) shall be governed by and construed exclusively in accordance with English Law. You agree to submit to the exclusive jurisdiction of the English courts to settle any disputes or issues.}

^{16. For any concerns about the promotion or prize please contact Phoenix Renewables Limited.}