Investments for our generation

Team Egg | 18/10/2023

Here's one you didn't think you could make!

At a Glance

At Egg, we believe that investing in clean energy, and a sustainable lifestyle can help our children live longer, healthier lives.

True generational wealth is not always built through businesses, bonds, real estate, and trust funds.

Children are our only legacy, writings on the wall etched on a monument from a bygone era, time capsules of our hopes and dreams, reminders that we were indeed here on this beautiful planet – one that continues to persevere but is often pushed to its limits. 

As parents, we know that our future generations require more than just economic stability. While real estate, trust funds, and IRAs are marketed to parents as ‘inter-generational investments’, our children’s lives can’t be insured by money alone amid a climate and sustainability crisis. 

At Egg, we believe that investing in clean energy, and a sustainable lifestyle can help our children live longer, healthier lives. 

With hope on the horizon in the form of eco-friendly policies and the transition to green energy, we have reason to be optimistic for future generations. The transition to green energy is also making this more affordable, with solar energy prices being reduced by 90% in just the last decade.

Solar Sustenance: An Intergenerational Gift 

Someone wise once said that investing in the future generation is quite like being a Cathedral builder: We might not know who built the cathedral, but their work lives on, leaving generations after generations in awe of their creation. A true intergenerational gift that serves both function and purpose.

Investing in solar energy may not be at par with creating a towering tribute to the heavens, but it is a gift that will secure your children’s future when it comes to energy. 

For one, solar energy is the most abundant source of energy on our planet. This means that no matter where you live, as long as the area receives sunlight, you will be able to generate energy for your use. 

Second, solar energy makes both environmental and economic sense. It emits little to no greenhouse gases, is readily available today, and in most cases cheaper than coal, oil, or gas. When you invest in solar for your future generations, you invest in the future of the planet too. With the wider adoption of solar, extraction of fossil fuels is projected to drastically reduce. 

Third, you’re not only reducing your carbon footprint but that of your future generations. As most homes are passed on from generation to generation, having a solar system in your home could help your children reduce their future carbon footprint, save on electricity bills, and increase the value of the home, in case they decide to sell it. 

Fourth, solar energy is cheaper than it has ever been. Advanced technologies, push for green energy by the government, and market competition have led to a sharp decline in solar energy prices. It is now much cheaper to install solar panels at home and various government grants can help you finance this transition. 

Fifth, our children can sell any extra solar energy they create to suppliers who then pump the energy back into the national grid through the Smart Export Guarantee. Not only will your children receive an income for selling any energy they’re not using, but they will also be a larger part of the renewable energy ecosystem, which is projected to grow dramatically in the future.

True generational wealth is not always built through businesses, bonds, real estate, and trust funds (sorry finance bros), sometimes, it’s the wealth of living a healthy and long life and knowing that you’ve secured your child’s future beyond monetary means. 

Switching to green energy can be confusing if you’re not sure where to look. Our blog can help you get started. Shopping for solar expert advice online to get started? Talk to our experts. 

Happy energy saving to you!

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© 2024 Egg - All Rights Reserved; A Liberty Global plc company

Registered address: Griffin House, 161 Hammersmith Road, Hammersmith, W6 8BS

Company number: 07477370; VAT number: GB109695779

In relation to consumer credit, Phoenix Renewables Ltd, trading as Egg and The Phoenix Works, is authorised and regulated by the Financial Conduct Authority (Reference 965996)

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© 2024 Egg - All Rights Reserved; A Liberty Global plc company. Registered address: Griffin House, 161 Hammersmith Road, Hammersmith, W6 8BSCompany number: 07477370; VAT number: GB109695779. In relation to consumer credit, Phoenix Renewables Ltd,trading as Egg and The Phoenix Works, is authorised and regulated by the Financial Conduct Authority (Reference 965996)