Solar Feed-in-Tariff To Remain Unchanged Until May 2013

Solar PV Installation In Buckinghamshire

Ofgem has confirmed the feed-in tariff (FiT) rates for solar photovoltaic technology will remain at 15.44p for systems up to 4Kw until May 2013.

This is great news for those of you who have been considering installing a Solar PV system in time for that Spring sunshine!

WHAT ARE THE BENEFITS OF FITS?

There are three financial benefits from FITs:

  1. Generation tariff – the electricity supplier of your choice will pay you for each unit (kilowatt) of electricity you generate
  2. Export tariff – if you generate electricity that you don’t use yourself, you can export it back to the grid. You will be paid for exporting electricity as an additional payment (on top of the generation tariff)
  3. Energy bill savings – you won’t have to import as much electricity from your supplier because a proportion of what you use you will have generated yourself, you will see this impact on your electricity bill.

 

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chilternsolar

Chiltern Solar Ltd

Unit 12 Anglo Business Park
Asheridge Road, Chesham, Buckinghamshire,
HP5 2QA

Phone: 01494 773400
EMail: info@chilternsolar.co.uk