Energy Saving

Save money with solar photovoltaic panels.

At its most basic the Feed-in-Tariff is a rate of money paid by the Government to home owners who generate electricity through energy installations such as solar panels. There are currently two types of tariffs available for solar panel customers:

Solar Photovoltaic Generation Tariff and Export Tariff:

Generation Tariff:

The Generation Tariff allows you to earn a guaranteed, index linked, tax free income for every kilowatt hour of electricity you generate, even if you use it.

• Pays you for producing electricity via solar panels.
• For each unit produced you will receive a set rate.
• From 1st Oct 2015 the rate will be set at 12.47p per kWh for new registrations.
• The rate you receive is guaranteed for 20 years, regardless of any future reductions.

Export Tariff:

The Export, or Feed In Tariff generates an additional, guaranteed, index linked, tax free income for every kilowatt hour of electricity fedback to the grid. There will also be a reduction in your fuel bills, which you currently pay tax on.

It's a win-win situation for householders with south facing roofs. Even businesses, schools, farms and other commercial enterprises may apply.

• Allows you to get paid for exporting unused electricity back to the National Grid.
• Receiving 4.85p for every kWh exported back.

 

How much money you can save with photovoltaic solar panels for your home?

A typical home owner could receive around £760 per year, according to theENERGY-savings-money current tariff rate, ensuring major savings on your energy bills, as much less electricity will need to be purchased from your supplier. *4 kWh system, based on 50% usage.

How do I register for the Feed-in-Tariffs?

To qualify for the feed-in tariffs the equipment and the company that installs your solar panel system must have MCS Certification!

To register for the Feed-in-Tariff payments, ask your installer to register you on the central MCS database. You will then be sent a certificate confirming MCS compliance. Simply contact the Microgeneration Department’ of your electricity company and request an application form for the Solar Photovoltaic Feed-in-Tariff, sending the MCS certificate alongside the completed application form.

Environment and Financial benefit of Solar Photovoltaic Systems

 A 4kWp system can generate around 3,400 kilowatt hours of electricity a year - about three quarters of a typical household's electricity needs. It will save over a tonne of carbon dioxide every year.

If your system is eligible for the Feed-In Tariff scheme it could generate savings and income up to £1,000 a year (based on a 4kWp solar PV system eligible for a generation tariff of 13.88p/kWh). You will get paid for both the electricity you generate and use, and what you don't use and export to the grid. When applying for FITs you will need to show evidence of your property's Energy Performance Certificate and this will affect what tariff you can get.

Feed-In Tariff Eligibility

Eligibility for the UK Feed in Tariffs (FiTs) depends upon the date of installation, size of installation, type of technology used and energy performance rating. All solar PV installations require the property to have a valid EPC (Energy Performance Certificate) of D Rating or higher to qualify for 100% of the Feed in Tariff payment.
Learn more about feed in tariff

Solar PV Tariffs based on all systems

Definition of Terms

Retrofit: Panels installed on a building that is already occupied.
New Build: Installed on a new building before it is occupied for the first time.

 

 

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