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Solar PV is now a great Investment?
Now that the government have backed Solar PV and implemented the Feed in Tariffs (F.I.T) Solar PV has become a sound investment as well as vital step in helping to cut carbon emissions
Green
Being is no longer just about the enviroment
| Electrical generation | Value of Energy | Co2 saved | Financial savings | |
| Total Electricity generated | 3601 Kwh | N/A | N/A | N/A |
| Energy used on site | 2700 Kwh | X 14p (price 1 Kw) | 1.29 Tonnes | £378.00 |
| Energy exported | 900Kwh | Kw x 3p (export tariff) | 0.55 Tonnes | £27.00 |
| Feed in Tariff | 3601 Kwh | 3400 Kwh x 21p (Fit's) | N/A | £756.21 |
£1161.21p
Total yearly saving =
£29,030.25
X 25 years =
Total Co2 savings =1.84 Tonnes a year
The feed in tariffs make a solar PV system a very sound investment for many reasons:
The government have guaranteed the F.I.T’s scheme for the next 25 years, they are index linked which means they will rise in line with inflation.
A typical 2.5KW solar PV system will produce tax free payments of around £500 a year, this means that the initial payback on the investment has been considerabley reduced. This works out as a tax free return on your investment of around 9%, much better than interest gained on any savings account from the high street banks. This is very attractive to those paying a higher rate of tax.
The electricity produced can be used by the homeowner and will give a reduction in electricity bills.
You will struggle to find a better financial investment than installing a solar PV panel array on your home.
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Cambridge Solar panels. Eastern solar ltd. Solar Panels. Solar panels Cambridge. Solar PV Intallation. Solar hw. Solar PV
01223 880906 07904 475538
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