The Royd solution is to enable energy firms to achieve strong profit margins by leveraging the rooftops of UK homes to generate solar energy, which they can trade to retail energy suppliers. At the same time, this initiative benefits householders by significantly reducing their energy costs, creating a win-win scenario for both energy providers and consumers. Here’s how:

By owning and maintaining the solar panels, batteries, and related infrastructure, energy firms retain full control of the energy generated. This ensures that all revenue from selling surplus energy to the grid or retail energy firms goes directly to them.

Unlike large energy farms, rooftop installations eliminate significant costs like land acquisition, lengthy planning permissions, and grid connection infrastructure. Retrofitting existing homes spreads the cost over a wider network without requiring additional land investment.

Homes with solar panels and batteries can store energy during the day and release surplus energy to the grid during peak demand, when electricity prices are highest. This strategic timing maximises profits from selling electricity at premium rates, whilst incentivising home owners with lower energy costs.

Decentralised energy generation reduces strain on the central grid and lowers energy transmission costs, which can otherwise erode profit margins.

With millions of rooftops available, the scalability of this decentralised approach offers firms a substantial opportunity to generate long-term profits.

The government could implement the Royd Monetary Policy by reverting the Bank Levy to non-remunerated reserves or aligning payments with those of other G7 central banks. Combined with an increase in Cash Ratio Deposits (CRD), this approach would stabilise the money markets and reduce the cost of servicing the national debt.

Commercial banks, in turn, could receive CRD relief to issue low-cost loans to energy firms for retrofitting older homes. This initiative would support the installation of cavity wall and loft insulation alongside solar energy systems, potentially reducing energy consumption by 20% to 40%, depending on initial insulation levels and property type.

If the Bank of England offsets an equivalent amount of CRD for UK banks offering loans to energy firms, those banks would benefit from the income generated by low-interest loans. This strategy would also yield substantial savings for the government: the Treasury could save £6.6 billion currently allocated to its Warm Homes Plan, while annually gaining an additional £35 billion from interest paid on excess reserves and £15 billion allocated for its Net Zero initiative.

Energy firms can recover installation and maintenance costs through energy sales over time. By avoiding the high costs of land and complex grid connections associated with countryside energy farms, these investments become more feasible and faster to recoup.

Cavity wall and loft insulation save £200-£400 per home annually. Across 10 million homes, this equals £2-£4 billion in consumer energy savings each year.

National energy demand would significantly reduce, easing strain on the energy grid.

Solar panels offset approximately 1 ton of CO2 per system annually. Millions of systems could make a major contribution to the UK’s 2050 net-zero target.

Increasing renewable energy sources is critical for long-term environmental resilience.

Boosting Local Economies: Savings on energy bills can be reinvested into local businesses, goods, and services.

Every £1 spent on energy efficiency generates approximately £4 in broader economic activity.

Insulation has low maintenance requirements, while solar panels need only occasional servicing and inverter replacements every 5-10 years.

Long-term operational costs remain manageable while delivering consistent energy savings.

Economic Growth—A £20 billion investment could result in 280,000 jobs and £2-4 billion in annual household savings.

Over time, economic benefits—including job creation, savings reinvested locally, and environmental improvements—could exceed £100 billion when factoring in multipliers, increased productivity, and reduced healthcare costs.

By creating a network of home-based solar “mini power plants,” energy firms can establish a profitable, sustainable, and decentralised energy model while—contributing to a greener future and energy efficient houses, significantly reducing householder’s energy costs, or Is It Me!