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PV solar panels & incentives

A feed-in tariff is available for photovoltaic solar panels. Today's lower installation costs and additional PV extras help maximise the financial benefit for decades to come.

Solar electric tariffs.

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In a nutshell.

Applying for the Clean Energy Cashback Scheme pays you 4.39 pence per kWh produced. Get paid even if you use the energy yourself, giving a guaranteed income from your (photovoltaic) PV panels, tax-free and the savings made on your bill.

The tariff gives you 20 years of income and energy savings.

This scheme will deliver a tax-free return on investment of around 5% - even if you use the energy yourself. More can be expected when used alongside an EV charger.

Also, you will also reduce your fuel bills in the long-term, thus protecting yourself from future energy price rises.

"A window of opportunity today, that won't
be open for later adopters tomorrow."

The basics.

Under the scheme, homes with PV solar panels will get paid 16p for every kilowatt hour (kWh) of electricity produced, and the annual payments are free from income tax and are index-linked.

  • Allows you to save electricity from your supplier.
  • Pays owners for electricity even if used in your home.
  • 20-year tariff life with 30-40 year panel lifespan.
  • Tax-free and index-linked.

How to apply?

Apply through our MCS accredited installers. Firstly, get several quotes for the project and then your preferred installer, which installs your new system will give you the relevant paperwork to give to your energy company.

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Questions about solar electric tariffs

How much will I earn?

You will be paid a guaranteed sum for a guaranteed period, whether you use the generated electricity or not.

This scheme will deliver a tax-free return on investment of around 5% - even if you use the energy yourself. More can be expected when used alongside an EV charger.

Will the amount you earn change?

The feed-in tariff scheme is indexed linked, which means the payment rate will rise in line with inflation, so the rewards received will never be devalued over the long-term.

Why is the Government doing this?

Governments around the world are introducing the same or similar solar electric tariffs because they set strict targets to meet, to reduce national carbon emissions and secure future energy supplies. As 55% of the UK's CO2 emissions come from domestic energy use, it is easier to bring this figure down rather than upsetting UK industry.

This scheme makes solar panels a more attractive proposition for householders, and this will initiate a speedy take-up of this technology, which anyone can see nowadays has been successful. The rate will be available for a limited time to incentivise homeowners to enter the scheme.

Government Guarantee.

The Government will guarantee your feed-in tariff payments for 20 years. This system will leave plenty of time to recoup your original investment money and still have many years to benefit from the pure profit after that. The necessity to act promptly will make payback significantly quicker over the 20 years. This long-term income, adds weight to the belief that investing in these panels may add value to and improve the saleability your property, should one want to move over the next 20 years.

Where’ s the catch?

The Government does not directly support this scheme, but raise funds through a general increase in electricity prices to all United Kingdom households. The feed-in tariff system prompts people to act quickly and install this technology, while it makes total financial sense.

Will PV technology produce all my electricity needs?

In most cases, it will do a substantial portion of your needs, but this depends on your energy consumption rate and the size of the solar PV panel system installed.

How much power can PV panels produce?

Each case is varied due to geographical location, but a typical photovoltaic panel installation would generate approximately 750kWh/year per kWp installed. So a typical two KW system would generate around 1500 kWh a year. A heating panel system at peak output is 1.6 kW, similar to an immersion heater, or 1,500 kWh and 2,000kWh annually.

What does on-grid mean?

When a PV system is generating power, and you are not using it, then it will automatically feed the power to the National Grid network, where you're rewarded for your contribution. With the feed-in tariff scheme, you now get paid for the electricity you use too. It has never been such a good time to install this technology.

Are PV panels installed on your roof?

PV panels can easily be installed in aluminium frames within your garden/land or boundaries.

How much will a system cost?

The cost of a typical installation of a domestic heating system depends on many factors. The surveyors will provide you with tailored options and quotations.

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All our MCS solar panel installers are RECC scheme (Renewable Energy Consumer Code) members and work throughout England, Scotland and Wales.

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"Feel the pride."

Stuart Lovatt
Founder of Power My Home.

The UK's only PV solar and EV enthusiast network.

"Technology that lasts longer than your mortgage."
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