Solar PV: Cost Benefit

 
Latest Industry News

  • Solar thermal retained under RHI reforms

  • Renewable Heat Incentive confirmed for spring 2014

  • REA welcomes RHI consultations launched today

  • Green light for first plant dedicated to RHI

  • A real opportunity

    With the introduction of the new Feed in Tariff initiative by the Government, we have a fantastic opportunity to not only utilise this technology, but do so in an affordable way. Not only will those who adopt the technology see a real saving on their electricity bill but also an income from every single unit of electricity generated!

    If you are considering investing in solar photovoltaic panels there are many ways of benefiting from the mix of this technology along with the new Feed in Tariffs.

    We have listed a selection of the most likely ways to get involved along with a guide to the kind of cost and benefit you might achieve (The important thing to mention is we are MCS Accredited so all new installations comply and can be eligible for FITs) :

    commercial solar arrayDomestic Solar PV Installation

    An installation on a south facing house roof. This installation would be limited by either your budget or the size of the roof.

    A medium sized domestic installation could be 2 kW of solar panels.

    This would be 8 panels, each measuring around 1 metre by 1.6 metres. The overall price would be from £5,000 and include equipment, installation and connection to the mains.

    What is the payback? The FIT will pay per kWh (for retrofit onto existing properties) generated whether you use it or not. Your electricity supplier will pay for any units exported, so energy generated while you are on holiday will still be used and be paid for, and of course, you don't have to pay your electricity company anything for energy that you generate and you use. For current FIT rates please follow the link: www.fitariffs.co.uk

    Treating this as an investment, the return, which is tax free will be above 7%.

    This will also add real value to your house in that it not only has a lower electricity running cost but can make money for the new owner.

    To take advantage of this fantastic opportunity, please feel free to call us on 01797 253 563

    Solar Photovoltaic Energy, Additional Information


    Interested in generating your own renewable energy? Its easy

    Simply enter your postcode here to start by using our property / roof locator:

     

    safety scheme renewable Energy Association solar trade association     Checaka trade