Great news announced today by the Government. The details of the proposed feed-in tariff for microgeneration that is energy generated from systems like small wind turbines and solar photovoltaics have been published. The new tariff will pay for all energy generated by your system, irrespective of if you use it yourself or sell it back to the grid. Just to clarify, these amounts paid are in addition to any saving you will make by purchasing less electricity from your supplier and any income you earn from selling your surplus power to your electricity supplier.
The key points of the announcement are:
36.5p/kWh for small solar photovoltaic systems up to 4kW and 28p/kWh for systems up to 10kW-
23.0p/kWh for small wind turbines between 1.5kW and 15kW.-
Replaces the current ROC system which pays 10p/kWh.-
Effective as of the 1st April 2010, but all systems commissioned from now on will qualify.-
Systems installed from now until April 2010 will be eligible for both LCBP grants of £2,500 AND the new tariff.
A typical home solar photovoltaic system of 3kW will therefore earn around £1,000 per annum, plus the amount you are paid for your exported electricity, and the amount you save by using what you generate, dramatically reducing payback times. And these systems have performance warranties for over 25 years, but will last longer.
A ‘Proven Energy’ small wind turbine installed at a reasonably windy site will earn over £6,000 annum, this makes it a very economic investment proposition with likely payback times of less than 5 years on a typical site. And the turbines have a design life of 25 years, but will certainly last longer.All of Eco Environments solar photovoltaic and small wind turbines installed from today onwards will qualify for the feed-in tariff and Eco Environments are a fully accredited Microgeration Certification Scheme installer for small wind and solar photovoltaics as required by the new tariff.
To find out how you may progress getting a solar photovoltaic or small wind system from Eco Environments, please get in touch, we'd be delighted to give you any advice you require.