You can earn almost £10,000 a year – index linked for 20 years utilizing empty roof space or a spare piece of land
Solar panels have been appearing on home owners roof tops for the past two years in growing numbers. Whilst this is still an excellent return on investment the real big returns are now coming from business scale installations.
Farmers in particular have realised the generous feed-in-tariff payments are in many instances offering a larger annual return than many crops.
Tariff since August 1st 2012
The Feed-in Tariff from August 1st, 2012 is now paying 16p/kWh on properties that have an Energy Performance Certificate of rating D or above. If you do not have an EPC then the rate is reduced to 7.10p/kWh. Many business premises are reasonably well insulated and will have an EPC.
How much will I get back: If you have on a large barn or unused paddock, we can install a 50kW array for less than £67,000 producing a return of nearly £10,000 per year for a full 20 years. The payments are index linked adjusted annually against the retail price index which will dramatically boost the earnings over a 20 year investment.
A 4kW system (16 solar panels) will generate approximately £850 every year, index linked and payable for 20years.
Solar PV Feed in Tariff Generation Rates
Rates apply to eligable systems which are installed after 1st August 2012
|Solar PV System Size:||Tariff Rates|
|0kWp – 4kWp||16.0p per kWh|
|4kWp – 10kWp||14.5p per kWh|
|10kWp – 50kWp||13.5p per kWh|
|50kWp – 250kWp||11.5p per kWh|
|250kWp – 5MWp||7.10p per kWh|
Almost everyone is eligible to claim the feed-in-tariffs. Including industrial buildings, warehouses, medical centres, hospitals, care and nursing homes, agricultural buildings, churches, shops and supermarkets.
In most instances planning may not be required as it is deemed a permitted development technology. However,
listed buildings and certain areas may not be excluded so it will be useful to check with the local authority concerned.
The Feed-In-Tariff scheme has been available since April 2010 and is well supported by the government who consider this a low cost way to increase the percentage of renewable energy generated in the UK and reduce carbon emissions.
Installers and the Solar Panels selected must be approved under the terms of the Micro Generation scheme in order to receive the payments.
ACS Renewable Solutions Ltd: 01327 810513