Since the scheme was introduced, it has encouraged over half a million of UK homeowners to install Solar PV panels. And as well as securing strong financial TAX FREE returns through the tariff, you'll also enjoy lower energy bills, protect your home from ever increasing fuel prices and lower your impact on the environment. This makes solar PV the ultimate feel-good investment.
The feed-in tariff (FIT) is guaranteed by the government for 20 years. Payments are tax free (as long as you live in the property rather than rent it out) and will also increase in line with inflation.
A Solar PV system installed at home, you will benefit in 3 ways:
1. You’ll get paid for all the electricity you produce - The Generation Tariff
This is called the generation tariff. Your electricity supplier will pay you the current FIT rates for every unit of electricity your system generates, whether you use it in your home or not.
2. You’ll get extra payment for the electricity you don’t use - The Export Tariff
Also known as the export tariff. You probably won’t use all the energy you generate, so what’s left over will be exported into the grid. Your electricity provider will pay you for every unit expoeted. Most suppliers can’t meter this, so they assume you’ll use half the units you produce and pay you for the rest.
3. You’ll reduce your energy bills - Free Electricity
Electricity generated by your solar panels will feed directly into your house, so it will power any appliances you’re using during daylight hours. As electricity prices continue to rise, this is a huge benefit for our customers. Lots of our customers save more by changing small habits, such as using the washing machine and dishwasher during the day instead of the evening.
Generation Tariff + Export Tariff + Bill Savings = Annual Benefit
A well-designed 4kWp system will receive feed-in tariff (generation and export tariff) payments of £750 a year, and save £257 a year on electricity bills. If the system costs £6.500 to install, it gets a return on investment of 14.75%. That’s before you take predicted energy price rises into account.
With returns like that, it’s no surprise many people are choosing to install solar PV systems as an alternative to investing their money with a bank or building society.
Eligible systems
To claim the tariff, your system needs to meet a few simple criteria:
Registering for FITs
Registering for payments is simple. First we’ll add you to the central MCS database, then send you a certificate confirming your system complies with MCS standards.
Next, you’ll need to tell your electricity supplier you’d like to register for the FIT and send them a completed application form along with your MCS certificate and the energy performance certificate. Don’t worry, we’ll help with all the paperwork.
Your electricity supplier will check your installation against the MCS database, confirm that the system’s eligible and add you to the Ofgem Central FIT Register. They’ll also let you know when they need you to give meter readings, and tell you when to expect payment.
Yes its completely FREE
The solar panels are entirely FREE. There is absolutely nothing to be paid at any stage, they are fully insured, guaranteed, maintained and monitored for 25 years – Entirely FREE of charge.
If you have any questions please call our team on 01562 710065
In these times of soaring energy bills, would you be interested in reducing your electricity bills by an average or 37% every year, if it didn't cost you ANYTHING?
This can be achieved if you have a FREE solar panel system fitted with Home Energy Reductions
Advancements in technology means that panels only require light, not direct sunlight. The surge in popularity for solar panels across the UK follows the implementation in April 2010 of a Government initiative - the FIT scheme.
This scheme obligates the UK power companies to pay inflated rates for the electricity that the solar panels generate on a property, whether that electricity is used by the occupier, or not. This rate is called the Feed In Tariff (FIT).
This means that the system can be installed completely FREE of charge, and the FIT tariff will be collected by the installation company. This income will end up paying for the solar system so you don’t have to.
You would benefit IMMEDIATELY from the FREE electricity that the solar system generates during daylight hours. Not all homes are suitable for a FREE system because not all roofs are positioned to ensure maximum returns.
A suitable roof is a private home with:
We can view on the internet to see if your roof is pointing in the right direction.
Landline: 01562 710065 Mobile: 07879 876857
or E-Mail: info@energyperformanceltd.co.uk