Ofgem has announced that the Feed In Tarff (FIT) rates will remain at 15.44p until 1st May 2013 rather than be cut in February 2013 as originally planned. (Source: Solar Power Portal) Great news for homeowners and businesses wanting to benefit from the higher FIT rate.
Why is now the time to invest in Solar PV? On the 1st of May 2013 the FIT payment will be slashed again by 3.5%, which would see a significant depletion on your return. If you decide to install a Solar PV System now, you will be guaranteed the 15.44p FIT payment for the next 20 Years.
Solar PV is designed to help household and business owners to increase their energy efficiency, of course homes and businesses also use Solar PV to save money on energy bills and make an income from generating their own electricity. The government introduced the FIT payment on the1st of April 2010 as an incentive to encourage the uptake of renewable electricity-generating technologies including, Wind Turbines, Hydro electricity, Anaerobic Digesters and Micro Combined Heat and Power (CHP)
Solar PV offers great financial and environmental benefits, it’s also an investment, giving you a better return-on-investment than a high street bank, as well as reducing your reliance on fossil fuels. (Source : Solar Power Portal)
So to take advantage of the 15.44p FIT payments while you still can, contact EEC Home Improvements today. We will provide you with an individual FREE no obligation quote, detailing the system size, full cost, relevant plan and payback calculation, you’ll be able to see the potential savings you could be making.
Do you already have a Solar PV or Solar Thermal System installed? Is it not working efficiently? Not working at all or simply needs a bit of maintenance? Visit our Solar Thermal Servicing and Solar PV Servicing website. We also provide Solar Thermal Repairs and Solar PV Repairs.
EEC Home Improvements offers many ways to improve your energy usage, Solar PV, Solar Thermal, A-Rated Boilers, Ground Source Heat Pumps, Air Source Heat Pumps and Wind Turbines.
Visit EEC Home Improvements Solar PV Website today.