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8 Phonebox Magazine
D.V.Boddy
Electrical Contractors
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Solar is an earner with
new feed-in tariff
WHEN YOU GET an approved renewable
energy system installed you can now
benefit from a Feed-in Tariff (FIT). Your
electricity supplier will pay one tariff for
the electricity you generate and one for
any electricity you export to the grid. For
a standard household Solar PV system
they'll pay 41.3p per kWh generated and
at least 3p per kWh exported.
FITs mean that a well sited Solar PV
system can now pay for itself in as little as 12.5 years. To qualify for
FITs, equipment and its installers must both be MCS approved. The
Microgeneration Certification Scheme is the new guarantee of quality.
A 2.5kW peak system for a two person household could save/earn
you £1000 a year and currently costs around £15,000 fitted. A new set
up like this will reduce your annual CO2 emissions by around a tonne.
In terms of its positive environmental impact this is comparable to
getting loft and cavity wall insulation fitted together.
FITs replace government grants for electricity generating technologies like
Solar PV and wind turbines. Grants for renewable heating systems remain
but are due to be superseded in April 2011 by the Renewable Heat
Incentive. To qualify for a grant your home must be insulated (270mm in
the loft and cavity wall filled) with energy saving light bulbs throughout.
For the latest information on renewable energy systems and
incentives, contact the Energy Saving Trust on 0800 512 012.
Call 020 8762 6192 for further information on
installation of Solar PV systems or visit
www.ecovolt.co.uk
A 2.5kW peak Solar PV system
Photo courtesy of cocoonyourhome.co.uk