For the first time ever in the UK, investing in PV power is not only environmentally friendly but an outstanding investment opportunity too!
Used Energy
Used energy is the power being used as it is produced. A system generates electricity during daylight hours. On average households could save up to 50% of their current electricity usage by using appliances during the time that a Solar PV system is operating.
Exported energy
Exported energy is the excess energy that is not used. If a system produces a peak output of 2 kilowatts and only 1 kilowatt is needed within the property, the additional power is exported back to the main power grid, normally at a rate of around 3 pence per unit.
The good news with this, is that most energy companies will pay an export rate of half the total annual energy produced, regardless of whether it has been exported back to the main grid or used in the property.
Feed–In–Tariff
Feed-In-Tariff is the main financial benefit for investing in Solar PV and probably the reason you’re reading this!The scheme will pay 43.3 pence per unit of electricity produced by a domestic Solar PV system. This amount is guaranteed by the government and will be paid for 25 years and is inflation linked.