Financial Incentives – until March 31st 2019
All new approved Solar PV systems are entitled to the feed-in tariff and you will benefit in 3 ways:
1 Generation tariff – a fixed tax free index linked rate paid by your FiT provider for each unit (or kWh) of electricity that you generate.
2 Export tariff – added to the Generation tariff you will receive further 4.85p/kWh from your energy supplier for each unit you export back to the electricity grid i.e. when it isn’t used on site. (This is usually estimated by the tariff providers at 50% of your generation figure)
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.
For example, typical systems could earn around:
|Generation Tariff||£130 per year from the Generation Tariff||£1,721 per year from the Generation Tariff||£4,353 per year from the Generation Tariff|
|Export Tariff||£80 per year from the Export Tariff||£1,704 per year from the Export Tariff||£7,328 per year from the Export Tariff|
|Reduction in current electricity bills.||£260 per year||£1,640 per year||£7,051 per year|
|Total Savings||£470 per year||£5,065 per year||£18,732 per year|