About Feed-In Tariffs (FITs)
Feed In Tariffs are payments made by the Energy Companies to anyone who installs a system generating their own electricity, including Wind Turbines and Solar Photovoltaics (PV). Backed by the UK Government, these tariffs are aimed at increasing the amount of Renewable Energy produced and used in the UK. The ultimate goal is to increase the total percentage of energy that comes from renewable sources from 2% (in 2009) to at least 15% by 2020.
Do you want to know how you make money from owning your own Solar Panel system? Have you heard about something called the Feed-in Tariff but haven’t got a clue how this can translate into money? EnergyLink are here to help you understand how you can make and save money with a Solar PV system, and why the new Feed-in Tariff is better than the grant scheme previously offered by the Government.
Feed In Tariffs Explained
FITs allow homeowners to make money during daylight hours, without having to lift a finger.
They offer payments for ALL electricity generated by Solar Energy systems and extra payments for any surplus power exported to the grid.
Those who invest in Solar Power can also enjoy the added bonus of cheaper energy bills by using the electricity they generate for free.
Learn more about Feed-in Tariffs.
Solar Panels - Cost & Savings
With the promise of tax-free payments for years to come, a home Solar panel system is the perfect risk-free investment.
By installing Solar PV panels on your property, you are signing up for ongoing Feed-in Tariff payments for the next 25 years.
You are also buying into cheaper electricity bills every year and the knowledge that you have taken a proactive step to reduce your carbon footprint.
Learn more about Solar Panels - Cost & Savings.
Grants for Solar PV
While the UK’s Solar grants programme ended in 2010, there are a number of financial benefits which make PV panels well worth investing in.
Instead of having part of the initial cost of installation covered by the Government, the Feed-In Tariffs mean you will not only recoup the initial expenditure of buying the Solar PV system but you will continue to earn money on the electricity produced for the life of your system.
Even though there are no UK-wide grants to help buy your Solar PV system, with the guidance of EnergyLink, we can show you how solar panels will work for you, your bank balance and for the environment.
Learn more about Grants For Solar PV.
How EnergyLink Can Help
Investing in Solar Panels is not a decision to be taken lightly.
Although the benefits can far outweigh the costs, there are a number of steps to be taken carefully before you can start reaping the rewards of Solar Power.
As well as considering whether your property is suited to Solar Panels, you must also find a reputable installer to carry out the work and help you access the FIT.
The less you pay for a system, the quicker the FITs and bill savings will cover the cost. EnergyLink can arrange for you to receive up to 3 quotes for your Solar PV system.
EnergyLink can lead you past all the potential pitfalls of entering the Renewable Energy market and help you to enjoy years of payments and savings.
Learn more about How EnergyLink Can Help.
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