Financial Incentives – from March 31st 2019
1 Export tariff – On January 1st 2020, OFGEM introduced the new Smart Export Guarantee. Find out more from the OFGEM website. Each licensed electricity company will set their own rate for payment based on market rates and will vary from between suppliers; a mjor difference to the feed-in tariff scheme, where generators were paid the same regardless of supplier. This can vary a lot, so it pays to shop around. To help, here is a league table of rates compiled by the Solar Trade Association
3 Energy bill savings – you will be making savings on your electricity bills , because generating electricity to power your appliances means you don’t have to buy as much electricity from your energy supplier. The amount you save will be dependent on how much of the electricity you use on site – but will only get better as the cost of buying electricity is almost certain to go up.
By using all of our experience, expertise and the latest solar technology we aim to make solar energy good news for your pocket, and good news for the planet.