What happens to the feed-in tariff when you sell your house
Posted by Cathy Debenham on 3 July 2012 at 9:08 am
I recently spoke to someone who installed solar PV when the feed-in tariff rate was 43p per kWh for small systems. They had been told by an EDF customer service person that when they sold their house, the new owner would have a new contract with EDF and wouldn't be eligible for the same tariff level.
This is NOT true.
The feed-in tariff is attached to the installation, not the owner. So if you sell your house, the expectation is that you will include the solar panels (as a fixture and fitting), and that the new owner will get the feed-in tariff at the same rate (index-linked) for the remaining period.
This strikes me a a great selling point. The new owner gets lower electricity bills and a regular income. I hope that surveyors and estate agents are recognising the long term value of solar PV when they value properties with it installed.
To read more information about the feed-in tariff and selling your home, click the link.
Photo by stephengg
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