Solar PV
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- Generate your own power
- Get paid for what you produce
- Reduce or eliminate your bill
- Slash your carbon footprint
Solar PV - Refer a Friend and Receive 500 Pounds!
how it works
Solar Photovoltaic or PV as it’s commonly known gives you the ability to generate electricity from the daylight already hitting your roof everyday. Here you can find a clear explanation of the main components and how a PV system works.
financial benefits
Now get £500 for referring a friend!! Click here to see how. PV systems are a great investment, regardless of your environmental concerns. Here we explain the fundamentals and explain how Feed-In Tariffs have changed the game in private electricity generation, both domestic and commercial.
environmental benefits
Why on earth burn coal or gas in a power station when you can generate electricity cleanly at home? Installing PV can dramatically reduce your carbon footprint. We explain more here.
why us?
There are many companies trying to sell Photovoltaics in the UK. We think we are different - MCS certified to give peace of mind, and offering a unique model that makes having your PV system installed simple and cost-effective
So, where are we now with FITs?
You’d be forgiven for being a little confused as to how things stand now with investing in Solar PV, so here’s a quick summary:
The Current Situation
As of today, for a system under 4kWp you will receive 21.1p/kWh for generation (and 3.1p for export). This equates to a return on investment of between 6% -12% depending on the cost of the components chosen. So, still a staggeringly good investment given that it’s tax-free and index-linked.
Installations from 1st April:
You will be able to receive the same rate but you will also have to submit an Energy Performance Certificate (EPC) with your FIT application to show that your property is rated at Level D or higher. An EPC costs around £55 -£100 depending on the assessor used and we can advise you how to go about getting one with minimum fuss (it can normally be done within 48 hours). If your property is EPC E or lower, you will receive 9p/kWh instead, but by installing the PV you may well move up to EPC D! When you have an EPC done you can receive advice on this potential.
Installations from 1st July:
The EPC regime still applies (and will do forthwith). The FIT rates will move down further, in line with the Government’s aim for households to be able to achieve a return on investment of between 5% -8%. Infact, the FITs will be reviewed every 6 months as a minimum in order to keep within this range. The next “deadline” would then become 1st October. Remember that ongoing FIT revisions don’t affect existing installations – you get the rate that applied on the date your system became eligible with increases linked to RPI fixed annually.
This is still a really compelling investment, not just because of the comparison to other investment returns, index-linking and zero tax, but also because energy prices (in our firm belief) will inexorably rise over the long term and this ROI calculation does not attempt to factor this in.
Conclusion
So, in the immediate term there is every reason to install Solar PV. At 21p and an approximate 10% there will never be a better opportunity to get into Solar PV. Please contact us if you have any queries – we’d be delighted to help explain!