Feed-in tariff incentives for PV solar panels and solar heating in the United Kingdom
There's no doubt that PV solar panels remain an exciting prospect for households looking for a permanent solution to the problem of expensive energy costs.
PV solar panels incentives.
"The current PV incentive scheme is on schedule to
end in 2020 to newer applicants."
Better sooner than later.
In previous years, the incentive for installing PV solar panels was the feed-in tariff scheme aka PV solar-gold rush 1.0.
Today, PV installation prices have halved since those days, and the outlook for UK energy prices look to go the same way as UK rail fares.
This situation has allowed the 'first' solar farm built without government subsidy help with more planned and equally astute homeowners are following in their footsteps too.
Back to the future with PV solar-gold rush 2.0.
The PV solar electric tariff.
Applicants for the Clean Energy Cashback Scheme will receive 4.39 pence per kWh of electricity produced over 20 years. This tariff will deliver a tax-free return on investment of around 5% - even if you use the energy yourself.Learn more
Decades not years.
1. Thirty-years of free electricity and free hot water day and night.
2. Thirty-years of free motor mileage with an EV (electric vehicle).
3. Twenty years of export (surplus) revenue.
The solar heating tariff.
Applicants for the Renewable Heat Incentive Scheme will receive 19.2 pence per kWh produced, giving a guaranteed eight years of income.Learn more