Understanding the Solar Panels Feed-In Tariff
Feb 14, 2012 Uncategorized
In recent years, homeowners have turned to solar energy as they become increasingly conscious of the consequences of global warming. The installation of solar panels offers homeowners the chance to reduce the impact on climate change whilst making money on electricity generated through solar panel grants.
Save the Planet and Money with Feed-In Tariff
Since April 2010, the Feed-In Tariff has provided customers with funding for any MCS registered solar panels. Homeowners can now benefit from direct payments from energy suppliers for the electricity which is generated through solar panels.
The Feed-In Tariff may not pay for solar panels installations directly, it does however help pay towards initial costs in the long term. On average it is estimated that homeowners could earn up to £900 a year for a well positioned solar panels installation.
Any homeowner who has their solar panels installed by 3rd March can take advantage of the higher tariff which currently stands at 43.3p per kilowatt. After this time, the tariff will drop to 21p per kilowatt before dropping again in July and then October.
As the race against time continues, many homeowners have found comparative websites like Solar Panels Prices to be a useful tool for finding the most competitive prices. Those interested in installing solar panels and benefitting from the Feed-In Tariff must ensure they have MCS registered panels installed.