PV solar panels and the feed-in tariff
Last updated on December 28th, 2017 at 05:43 pm
“Claim the PV solar panels feed-in tariff incentive before others do.”
What do cash strap Birmingham City Council and farmers have in common?
They are sun worshipers who are turning solar energy with solar panels into a steady financial income. Because the government’s new feed-in tariff policy is so tempting in its current form, that uptake has increased so much.
The feed-in tariff pays 15.44 pence per Kilowatt hour you generate, even if you use the energy yourself, and 3 pence more if you export it to the National grid network. By comparison, the average electric charge from your supplier is around 13 pence per kWh.
Unfortunately, big business and large landowners are getting in on the act and are creating PV solar panel farms which means fewer households and homes will benefit from this new PV solar panel incentive scheme.
Best to get in early and secure your home feed-in tariff income, which will be guaranteed for 20 years, before big business takes the lion’s share of the scheme.
Michael Eavis from Glastonbury Festival fame has been showing the media his solar installation which is the most significant private solar array in the United Kingdom.
The installation adorns his cowsheds and covers roughly three tennis courts in size. He believes so firmly in solar panels and the benefits of the investment with the feed-in tariff scheme that his calculations are straightforward.
Average sunshine rates and a guaranteed price for the energy that produces gives him a sizable income per year and a quick payback of around ten years with the system lasting 25-years.
Mr Eavis now has a second installation planned with more farmers planning to follow suit. The scheme currently risks losing out to farmers and wealthy landowners building large solar farms.
How is this paid for, I hear you ask? You and everyone in your energy bills with a surcharge added to enable green energy technologies to thrive and compete with polluting fossil fuel sources. So it is now time for all homeowners consider is seriously investing in PV solar panels for your home and earn your entitlement to the feed-in tariffs before farmers do.
Birmingham City Council is also getting in on the act, adding solar panels to its 10,000 south facing housing stock which will undoubtedly set other councils in motion too.
Although it’s great that the solar revolution has begun, the upshot of this solar feeding frenzy will mean homeowners will lose out to farmers, councils and big business as the limited funds of the feed-in tariff will get smaller if you do not take advantage of the pioneering scheme early.
Claim your solar panels incentive before others do
As take-up grows, the incentive subsidy becomes expensive, so over time, the 15.44 pence will undoubtedly whittle down too much smaller amounts and our arable farms littered with unsightly industrial-scale solar farms were green countryside once stood.
We have enough roof space in this country; we don’t need to be taking up green area for this technology.
Stuart Lovatt from Power My Home adds: It is my opinion that solar panels should be kept on roofs where they were intended, and keep the feed-in tariff for homes, business and commercial buildings only.
If you are a homeowner stand up and count yourself in, claim your feed-in tariff today, because tomorrow, your local council or a solar farm will have claimed your share.
"Feel the pride."Stuart Lovatt February 18, 2011
Founder of Power My Home.