Through the Feed in Tariff (FiT), the Government has mandated that your electricity supplier must pay you for each unit of electricity (kWh) generated PLUS a further payment for every unit exported to the National Grid.
These rates are guaranteed for 20 years and are index linked, so you have security of income as well as free energy for use in your premises during daylight hours.
To view a video that explains how the Feed in Tariff works please click here.
With the introduction of the FiT scheme and the improvements seen in the performance and reliability of renewable energy equipment over the past 10 years, there is no better time to invest in free energy for your premises. Following the example of successful schemes around Europe, our Government has implemented the FiT to incentivise the early adoption of renewable technology. This allows the UK to quickly reduce its carbon footprint and to reach our renewable energy target. If the scheme continues to follow the German example, those taking up the Feed in Tariff scheme in later years will have to join at a lower rate than is being offered today.
Typically a return of between 8% and 14% can be expected on your investment year-on-year. A financial model will be prepared for you as part of your estimate, giving anticipated figures for your particular property. Please contact our team for up to date pricing and projections.
* Based upon exporting 50% of energy generated.
**Based on current rate paid for electricity of 10p