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PV Solar for your Property!
July 15, 2010, 3:22pm

Generate your own electricity with a photovoltaic installation
 

What is the Feed in Tariff (FIT)?
From 1st April this year the Government Feed in Tariff (also called the Clean Energy Cash-back) pays a Property's owner(s) an incentive for energy generated by renewable energy systems such as PV solar panels. This is designed to encourage a lower carbon lifestyle.

 

What is the saving potential?
The rates will vary depending on the size of the installation. For an ideally positioned 4kWp system the estimated annual output is 3200kWh and the FIT payment would be 41.3p for every kilowatt-hour produced this would be  approximately £1350. This multiplied by 25 years i.e £33,750 is the minimum FIT's payment that will accrue to a system of this size.

 

For a larger roof or an Industrial/Commercial building, a 4-10 kWp system would attract a FIT payment of 36.1p per kWh. 10 to 100 kWp systems would attract 31.4p per kWh. The valuations above does not include interest rates that will apply. In addition properties generating electricity would see a reduction in their electricity bills as they would be using a lot less energy from the National Grid.

 

The additional electricity produced by these installations not used would be exported back to the National Grid and would attract an extra 3p per kWh, in addition to the feed in tariff.

 

What are the benefits of investing in solar photovoltaic panels?

 

  • The FIT payments are guaranteed by the Government for 25 years and are tax free and index linked

 

  • The return on investment (ROI) is 7-10%

 

  • Invest In renewable energy and reduce your carbon footprint
     


Call Today on 02920887222 or email pv@ayjaygroup.co.uk

 


 
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