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From April 2010 the Government introduced the Feed in Tariff Scheme

Anyone installing a domestic Solar PV system will be guaranteed a feed-in tariff of 41.3p per kwh on ALL electricity generated by your system for the next 25 years..!
Not planning on keeping your house that long?
never mind, you will be almost certainly increasing the value and saleability of your house to a level that more than covers the cost of your investment.

A 4Kw syatem could produce income and savings of £1700-1800 a year.
This payment is index linked and so will rise with inflation
total returns over the 25 year lifespan of the system could amount to around £50000
COMPARE THAT TO WHAT YOU GET FROM THE BANK!

Naturally, you may also benefit from your Solar PV system in many other ways:

  • You will need to buy less electricity from your electricity supplier (estimated average savings of £130 p.a.)
  • It is reaonable to assume that the value of your property will increase, would you rather buy a house with a built in method of generating income?
  • ..And, of course, you will be doing the planet a big favour by reducing your Carbon Footprint

Where do these figures come from?

Beware of companies offering fantastic returns on your investment. I have seen figures out there suggesting payback times of 3-4 years and wild annual generation income.
here at Sparking Moggy we believe FITs is good enough to stand on it's own merits. the figures we use are based on those from the Governments own SAPS calculator and those from The Energy Saving Trust.
Remember, at Sparking Moggy, no salesman, no hard sell, just good honest advice.









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