• Paid to Save the Planet
• Reducing CO2
• Why Solar?
• Save the Planet

Get paid to save the planet – The Feed In Tariff explained

Financial benefits and the Feed-in Tariff

The governments initiative called Feed-in Tariffs state that anyone installing a solar panel from April 2010 will be paid for every unit of electricity that is generated from their solar panels. This is received regardless of whether or not it is used at the property. The amount payable varies depending on system size: 21p per kW hour for systems smaller than 4kW; 16.8p for systems between 4-10kW; and 15.2p for systems between 10-50kW.

Any excess electricity from your solar panel installation can be fed back into the national grid to power your local area. Not only will you receive the 21p per unit made, you also receive a further 3.1p per unit of electricity exported. This is in addition to the money you save through significantly reduced electricity bills.

The return on investment for a solar PV system should be between 4-8% as a domestic customer and 5-8% commercially. Solar panels offer a brilliant financial return on your investment, that continues for 25 years, it is inflation linked and for domestic customers is tax-free as well.