Solar PV

21p, 43p?? Who knows what the Feed in Tariff will be? DECC have now been beaten twice over the court’s ruling that the changes to FiTs were illegal. They are now determined to take it higher to the Supreme Court. Unfortunately that means that no-one knows where the industry stands at the moment and there is unlikely to be any clarity until near the end of the month.

Last Chance for Higher Tariffs

Despite the current uncertainty the DECC have guaranteed that the minimum FiT will be 21p (for systems <4kW) for any installations completed before 3^rd March 2012, and this will continue through to July.

We believe there is still time to get the higher rate of 43.3p FiT for systems installed before the 3^rd March. It all depends on whether the Government get a very unlikely win at the Supreme Court.

If PV makes sense for you at 21p then it will be a huge bonus at 43.3p. With current prices this pushes the Return On Investment up to an unthinkable 18-20%. Call us now for more information or to book your FREE Survey.

The Future

After the 3^rd March we believe that the PV market in the UK will continue, even if at a slower pace than in 2011, due to the following reasons:

The good news is that, even at 21p/kWh, a decent return on investment is still achievable. On a good site (30-40o, South facing) a return on investment of 8-12% (using SAP2009) is still achievable. With efficient solar panels, such as ZNShine, the ROI increases. The return on investment is far better than anything you can get in the bank – and remember it is tax free.
Up to 59% of your home’s annual electricity use will be generated from your panels.
Saving money on your ever rising electricity bills from day one. We would hate to know how much electricity would cost in 10 years let alone 25-30! Can you afford not to protect yourself?
From 1^st July 2012 the FiT will be cut again. See latest announcement here
It is very likely that from 1^stApril 2012 your home will need to be energy efficient to EPC band D before you will qualify for the FiT. 50% of homes in the UK need to make improvements to meet this standard.
We have managed to secure a huge discount with our suppliers and want to pass this on to you.

While you might not have won the jackpot of the 43.3p tariff, there’s still plenty of reasons why solar energy PV still makes sense. Please contact us for a free, no obligation survey of your home or business. If it is right for you, there will never be a better time to invest in solar PV.