Feed In Tariff

Earn Money From Solar Energy!

There aren’t many ways you can earn money by doing absolutely nothing; but by having a solar energy system installed at your home this is actually a very realistic possibility.  This is due to the Government instituted Feed in Tariff scheme. Here are a few facts:

  • Homeowners with a solar feed in tariff can potentially be paid for generating their own electricity for a guaranteed 25 years.
  • Large initial savings can be made in generating your own electricity, with any surplus then sold back into the system.
  • Not only will savings be immediate, but properties with Solar PV systems and feed in tariffs will have a very healthy increase in value.

This all sounds great, but what actually is a solar feed in tariff?

With the world (and its environment) struggling to cope with a dwindling supply of fossil fuels which is in turn resulting in increases in consumer prices on a consistent basis, the UK Government created the Feed in Tariff scheme.

The scheme aims to rewards individuals who invest in renewable energy technology, specifically those who generate their own electricity.  In short, this has resulted in a scheme which offers those who install solar PV systems the opportunity to earn money for a guaranteed 25 years.

The amazing thing about the scheme is that those who sign up are literally paid for every kiloWatt of electricity that their system produces; not just the surplus.  The current rate is  £0.21 per kiloWattHour and when coupled with savings made in the electricity you don’t have purchase from your utilities supplier, it’s easy to see the potential difference this could make to a bank account each year.

Of course, there’s also the chance that you will create more electricity than you actually need and this can then be sold back to the national grid for a further payment! With the feed in tariff rate guaranteed for 25 years (it can increase, but not decrease), it’s difficult to see any drawback at all.

Ultimately, it comes down to figures and all we can deal in at this stage are averages and predictions.  That said,  it’s realistic to estimate that over the course of a 25 year plan (and taking into consideration rates of inflation), the average household would earn between £35k and £55k from a feed in tariff.

How can you say no? Contact us today to say yes.

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