Anyone who installs their own renewable energy system, whether domestic, commerical or as a residential landlord, would benefit in three ways:
1. Make your own energy, reducing your current energy bill
By generating some or all of the electricity you need for yourself, you will have to buy less from your electricity supplier. That means that the amount you currently spend on your electricity bill will fall dramatically
You can even increase your savings by being more energy efficient: the less electricity you use yourself, the more you can export back into the grid, for which you’ll receive bonus payments.
In addition, we have all seen our electricity bills rise and rise in recent years and this trend is forecast to continue. In fact, by 2020 the energy regulator predicts that energy prices could rise by 60%. Fortunately, the Feed-In Tariffs means these electricity price rises will have far less impact on you.
2. Making money by getting paid for the energy you produce
This is the genius of the tariffs. Not only do you save money from importing less electricity but you actually get paid for the energy you generate (41.3p per unit on a domestic solar installation). Because these tariff levels are set by the Government, the payback period is guaranteed and index linked for the next 25 years.
3. Making a difference to the environment
At present 95% of the electricity we use comes from oil, gas, coal or nuclear power stations and only 5% from clean renewable source. By installing renewable energy under the Feed-In Tariffs and Renewable Heat Incentive, you can increase your renewable contribution towards 100% (or even more if you feed back more than you import).
Not only does this make your energy more affordable; you can also take pleasure in the fact that your own carbon footprint is greatly reduced. This is good for you and good for all of us. So why not Apply Today it will take less than an hour to go over all the details for 25 years of benefits
