Archive for the ‘FIT News’ Category
Monday, February 1st, 2010
Today Ed Miliband from the DECC said the Feed-in Tariff for domestic customers, with retrofit pv solar panels, with systems up to 4 kWp, would be at 41.3 p from April 2010. This means householders will be paid 41.3 p for every unit of solar electricity they generate. Tariffs will be inflated annually and the tariff life time is 25 years. And the income is tax free too!
A typical 2.5 kWp well-sited solar pv installation, on an average 3-bedroomed house, could offer homeowners a reward of £900 and save them £140 per annum on their electricity bill, from April 2010. There are still grants available to help pay for the installation costs of PV panels – in Scotland grants are up to £4000 and in the rest of the UK up to £2500, per property – but you need to get your installation booked before 31 March to take advantage of these.
There’s bound to be a rush for installations with this generous Feed-in Tariff, so hurry and get your installation booked now.
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Monday, January 25th, 2010
John Moriarty from the Department of Energy and Climate Change, speaking at the Microgeneration Forum on 22nd January, said that the Feed-in Tariff rates would be confirmed on 1st, 2nd or 3rd February. It is still expected that the rate for domestic customers will be 36.5p for every unit of solar electricity generated, with an additional 5p per unit for solar electricity exported to the National Grid.
There are still grants available towards installation of PV solar panels – up to £4000 per property in Scotland and up to £2500 in the rest of the UK – up until March 2010. If you want to take advantage of both grant and Feed-in tariff, you need to act NOW – there is bound to be a rush for PV panel installations, when the tariffs are confirmed. Why not e-mail or telephone for a quotation and site visit TODAY, so that you too can benefit from both grant and feed-in tariff.
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Monday, January 18th, 2010
On 14 January, Energy and Climate Change Secretary, Ed Miliband said: “The recession will not deflect the Government’s efforts to cut emissions and move to a low carbon economy. We will not let up on the fight against climate change, instead we must redouble our efforts at home and internationally so the UK emerges from the global downturn building on the opportunities and benefits a low carbon future will bring.”
It looks as though Miliband will be confirming the rate of the Feed-in Tariffs, expected to be 36.5 p for every unit of electricity generated, soon. His press release says: ‘We will shortly be setting out details of our ‘clean energy cash-back’ schemes for people and businesses that generate low carbon heat and electricity.”
If you want to benefit from these tariffs and make a profit by generating your own solar electricity, you need to act now and have a PV Solar Panel Installation up and ready by April 2010, when the Feed-in tariff comes into force.
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Thursday, December 10th, 2009
In Alistair Darling’s Pre-Budget speech, it was agreed that plans for payments to homes for all the electricity they produce from small scale renewable energy schemes will be tax free - this extends a welcome existing tax-break to the new scheme. Thanks to Friends of the Earth for this information.
The official estimate is that homeowners will save about £180 a year, on top of the money received from feed-in tariffs. The new tariff has not yet been confirmed, but is still expected to be 36.5p from April 2010 for every unit of solar electricity generated. We should hear from the Chancellor soon and then no doubt the rush for Solar Installations will begin.
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Tuesday, December 1st, 2009
Beat the Rush and install Photovoltaic Solar Panels Now
The Department of Energy and Climate Change (DECC) is due to announce the final levels of the proposed Feed-in Tariffs (FITs) – expected to be 36.5p for every unit of electricity generated – in the next few weeks.
Alistair Darling’s pre-budget report is due on 9 December and the Treasury expects to give full details of the FITs at around the same time.
You too could benefit from FITs by installing PV solar panels and generating solar electricity. Solar Technology can install these with minimum fuss and with the new Feed-in tariff you should get a return on your investment of between 5% and 10%. In addition, solar electricity means that you cut your carbon emissions - a typical home, using a pv system, can save around 1200 kg of carbon dioxide a year. So why not contact Solar Technology now and get a quote?
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