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THE INTRODUCTION OF THE FEED-IN-TARIFF (FIT)


All installations after the 1st April 2010 will be eligible for FITs as long as the installer is registered under the Renewable Obligation Order. Any installations pre 15th July 2009 are still eligible but will receive a lower FIT regardless of technology provided they are a qualifying installation.

WHAT ARE THE BENEFITS?


WHAT IS THE RETURN ON INVESTMENT WITH THE FEED IN TARIFF?
For a 2.4 kWpeak system fitted to a south facing elevation: Estimated Install Cost £12500

ESTIMATED USAGE ANNUAL SAVINGS
Estimated electricity produced by system (Feed In Tariff) 2080 kWh x 41.3 £859.04
On Electricity used direct-1040 kWh x 12.96 (Average utility company charge per kWh) £134.79
On Electricity produced but exported back to the grid (Feed In Tariff) 1040 kWh x 3.0 £31.20
TOTAL SAVINGS: Combined estimated annual savings and tariff received £1025.03 per year for 25 years
Annual Rate of Return on Investment 9.7%  

*SAP 2005 calculation for Annual Solar contribution: The performances of solar systems are impossible to predict with certainty. This estimate is based on the Governments' SAP and is given as guidance only. It should not be considered as a guarantee of performance. Based on average savings on an existing property.


Many of Solarwall's customers are already benefiting from this incentive. So if you are interested in joining them and enjoying not only your own free electricity but a guaranteed annual cash payment from your investment call SOLARWALL on 0500 127 005 or visit us at the Energy Centre for further information

 

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