Photovoltaic Panels UK
How do photovoltaic panels improve your green energy scores?
To find out more about the Feed in tariff and photovoltaic panels in the UK and receive the cheapest instant quotes please click for a free quote on the right hand side of the screen.
Photovoltaic panels are the new ‘buzz’ word in the energy world and they have become one of the most effective renewable energy sources around. With rising costs of energy many people are looking to find ways to save energy and money. The UK government has introduced a number of schemes to encourage home-owners to reduce their carbon emissions and adopt renewable energy. One such scheme is the feed in tariff which means that those who invest in photovoltaic panels are among the best rewarded.The Feed-in Tariff (also known as FiT) is a payment from your electricity provider for each unit of green energy you produce through renewable means.
Now for the technical details:
Currently, anyone who fits an average size photovoltaic panels installation onto their home is entitled to 41.3p per kilowatt hour (KWh) generated. However if Photovoltaic panels are installed as part of a new build property rather than added to an existing one, the owner will receive a slightly smaller tariff of 36.1p per KWh generated. In addition, for every unit of additional energy which is exported into the national grid, a 3p payment will be made on top of the standard tariff paid for the generation. All of these payments and income generation methods are completely TAX- FREE
The question often asked is – how much can you earn from these photovoltaic panels? What you can earn exactly can vary but it is estimated that you can earn approximately £1400 a year from the current feed in tariff in most domestic homes. In addition to this you can add the export tariff of about £50 as well as the general savings on your electricity bill as you are producing your own energy. This can total up to an average minimum of £1600 + per household, per year, simply through the use of photovoltaic panels. This is a great way to develop your green energy supply and save you money.
Now the UK’s scheme is in its early stages so many people are waiting to ‘see what happens’ but you can look to the continent, and especially Germany for results. They have been running a similar scheme there for the last 10 years and the results are quite amazing. Over 200,000 jobs have been created by homes and businesses using the Photovoltaic panels and they currently produce 1% of all the electricity consumed nationally (which is estimated to rise to 25% by 2050). The UK government have been watching with keen interest and are hoping to emulate this success. They have committed to keeping the feed-in tariff running for the next 25 years to encourage this form of green energy using photovoltaic panels.
But is it affordable? Well if you are fortunate enough, even in these times of recession to have the necessary money in the bank to buy photovoltaic panels, you would struggle to find an investment which is more lucrative and secure. However if you don’t have the cash to pay for the photovoltaic panels outright this is not a problem, as you can take out a loan to cover the installation costs and many providers and installation contractors will offer payment terms. The feed-in tariff has been designed to allow everyone to access this form of green energy. The income received from your photovoltaic panels installation will be significantly higher than your monthly loan repayment (on a 25 year loan)making it affordable for all.
The way to become part of the UK photovoltaic panels feed-in tariff scheme is very simple. You will need to contact your energy supplier once the photovoltaic panels have been installed, with the feed in tariff certificate that the installation provider will supply for you. They will then confirm that you are eligible for the feed-in tariff, and you will have a new meter installed alongside your photovoltaic panels in your home which will monitor how much electricity is being generated and how much is being exported to the national grid. When everything is set up, you will receive a certificate of confirmation that you are officially part of the UK feed-in tariff scheme, then just sit back and enjoy green energy and a future without fear of rising electricity bills.
So if you want to find out more about saving money and energy and receive the cheapest quotes for installation of photovoltaic panels; then click the free quote button above and a friendly consultant will help you answer any questions or queries.
