PV solar panels and incentives
"Feed-in tariffs for PV solar panels have significantly increased take-up. There's no doubt that solar technology remains an exciting prospect for households looking for a permanent solution to the problem of expensive energy costs."
Incentives for PV solar panels.
In a nutshell.
This incentive emulates the very successful feed-in tariff scheme from Germany. The tariff has grown the German solar technology industry into one of the largest and most successful today.
Despite Germany's similar climate to the UK's, it now nationally exceeds its power requirements thanks to power from the sun.
A solar electric tariff.
Applicants for the Clean Energy Cashback Scheme will receive 4.39 pence per kWh of electricity produced over 20 years. This tariff will deliver a tax-free return on investment of around 5% - even if you use the energy yourself.
More financial savings can be expected when used alongside an EV charger and free motoring mileage.Learn more
The additional solar heating tariff.
Applicants for the Renewable Heat Incentive Scheme will receive 19.2 pence per kWh produced, giving you a guaranteed eight years of income from this type of technology.
However, it would be more useful to install PV solar panels alongside a heating converter to heat your tank, rather than to fit a traditional solar heating product. This system will increase the benefits you'd enjoy, especially with EV charging and battery storage capabilities.
Today, PV contributes to thirty years of:
Free electricity day and night.
Free hot water day and night.
Free motor mileage with an EV (electric vehicle) day and night.
Self-satisfaction and pride.
All this for the price of a quality 'second-hand' car and it's never made more sense in this crazy world we live today.