Financial rewards
Until now you have had no choice but to pay whatever your energy provider demands......that has all changed....the Government have introduced a range of incentives to encourage us all to generate our own Electricity and Heat and better still, be paid by the Energy Companies for doing it!
Solar Energy Returns Calculator For Renewable Energy Systems
Our interactive calculator is under development, however the table below will give you an indication of how much you can earn from your system
Feed In Tariff Available. Pence per kWh
| Technology | System Size |
Installed before 31 January 2013 |
Period |
|---|---|---|---|
| Solar PV |
<4 kW (New Build) |
15.44ppu | 20 Yrs |
| <4kW (Retro Fit) | 15.44ppu | 20 Yrs | |
| 4-10kW | 13.99ppu | 20 Yrs | |
| Export Tariff | 4.5ppu | 20 Yrs | |
| Tax Free for Domestic Installations and Index Linked | |||
*Figures estimated. assumes 3% RPI increase
Example
- 4kW Solar PV system installed in a retro fit environment
- Assumes fully south facing system, with 50% of energy used by the household, with 50% exported to the grid
- Assumes cost of standard electricity of 14p per unit.
- Assumes property located in North/Central England with 1,000 irradiative hours per year
| System Size | 4kW |
| Estimated Annual Generation | 3,200kW |
| 50% Exported to the Grid | 1,600kW |
| 50% Used by Household | 1,600kW |
| Total | ||
| Total Feed in Tariff Generated | 3,200 x 15.44p | £494 |
| Additional Export Payment | 1,600 x 4.5p | £72 |
| Reduction in Electricity Bill | 1,600 x 14p | £224 |
| Total Saved & Earned | £790 | |
** Index linked. Paid for 20 years. Assumes fully South facing roof, with optimum roof angle of between 37° - 45°. If roof is SE or SW facing apply 80% to these figures to provide an indication of benefit. Our surveyor will be able to provide you with accurate figures for your setting.