A technology which uses excess power generated by solar to heat water is on the market.
Power Diverter claims it can help householders save up to £300 per year on their energy bills.
Consumers only need to have installed solar panels on their buildings and a water tank to make use of the technology.
Managing Director Daniel Lawes said: “Powerdiverter stops the excess power you don’t use going back to the National Grid and it automatically diverts it into your hot water cylinder and that way using your existing immersion element that is in the tank already and it provides you free hot water every day.”
Speaking at the Rexel Innovation Centre, he added: “It monitors how much power is being generated at any time and varies that power into your water tank to capture all of that excess power and store it as a thermal mass and you can utilise that power later on when you want to.”
Furthermore, householders are able to decide where they want the excess of energy to go using an app which can be downloaded on their smartphones.
Depending on their priorities consumers can choose to use the excess power to either heat water or the towel rail or even under floor heating.