Photovoltaic (PV) panels are one of the best ways of generating ‘localised’ electricity for use in domestic homes, schools, hospitals and commercial premises.
For buildings with large roof areas they provide an opportunity to not only generate electricity for local use but also to gain an income from exporting to the national grid.
PV panels are robust and designed for a life in excess of 20 years and can be fitted to almost any roof, with a south facing aspect being the best for electricity generation.
Feed in Tariffs
All owners of PV systems which are constructed using MCS approved equipment and installers can be registered with your electricity provider under the Feed-in-Tariff (FiT) system and receive an income for the electricity generated.
Through the FiT scheme owners of PV system will receive an income for all of the electricity they generate for a period of 20 years. The tariff varies from 4.11p/kWhour for schemes up to 10kW to 4.32p/kWhour for the larger arrays up to 50kWhour, with all tariffs being index linked. Off-setting mains electricity charges that would otherwise be incurred.
In addition to the main generation tariff, you get an extra payment for electricity exported to the grid.
In the initial years before Smart Meters are widely used, the export element will be deemed to be 50% of the power generated by the system. Exporting unused electricity at 4.91p/kWhour provide additional savings.
The FiT rate is reviewed quarterly and depending on the amount of installations in the previous quarter, will either remain the same or reduce by a set percentage. The next period begins on 1 April 2017 and will see under 10kW installations receive 4.4p/kWhour.
- Built to withstand all UK weather conditions
- No moving parts – low maintenance
- Competitively priced
- Only MCS approved equipment used
- Help to reduce UK carbon emissions
- Excellent return on investment
- Inflation proof income
- Easily extended to larger systems