The Swedish furniture company have unveiled the Solar Battery Storage, which they claim could cut a person's electricity bills by up to 70 percent.
These are designed to work alongside solar panels or can be used as a new solar panel system. They will allow the user to harvest more of the electricity compared to a traditional solar power system. For this new venture, they have teamed up with solar firm Solarcentury.
Solar Battery Storage lets people store the electricity generated by the sun so they are able to use it whenever they want to.
Hege Saebjornsen, Country Sustainability Manager, IKEA UK & Ireland, said: "At IKEA we're always looking for ways to help customers take positive actions at home for both the environment and their wallets.
"We know that our customers want to live more sustainably and together with Solarcentury we will help them to get more value from their solar panels and do just that. With energy bills already going up 15% this year, there's never been a better time for customers to take back control of their electricity bills and maximise their savings by switching to solar and solar storage."
Whilst Susannah Wood, Head of Residential Solar at Solarcentury, added: "We're committed to helping homeowners reap the benefits of going solar and our business partnership with IKEA is a significant step forwards for the renewable energy industry.
"The cost of solar installations has dropped considerably in recent years and is in fact 100 times cheaper than it was 35 years ago. We believe IKEA and Solarcentury are bringing the most competitive package to the market yet so more people than ever before can profit financially and environmentally by producing their own energy."
The IKEA Solar Battery Storage starts at just £3000.