The government subsidy in the form of the Feed in Tariff may be scheduled to end for new installations after March 2019, but there is still time to make the most of the tariffs available.
Solar PV still makes sense for both domestic and commercial markets. A typical household system can generate upto 4,000 kilowatt hours of electricity per annum, saving homeowners who use the majority of their self-generation in the home between £450 and £600 a year in electricity costs. In addition, with the remaining FiT and export tariffs they can also enjoy a tax-free income of around £240 per year for a guaranteed 20 years.
For commercial systems, returns are in the region of 12-15% per annum depending on system size and location. With electricity costs rising, generating your own power to offset high operating costs or power your company electric vehicles is prudent for future cost protection.
Most systems take just two days to install, however, we generally require a 4 week lead time, so to secure your installation in time to meet the FiT deadline, call us today on 01823 480905.
