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Feed-in tariff for solar PV falls, but ROI increases

Posted by Cathy Debenham on 2 November 2012 at 10:09 am

The first automatic degression of the solar PV feed-in tariff rate occurred yesterday. To put that in plain English, the rate for new installations fell by 3.5 per cent for all installations of 150kW and below. For a 4kW installation that meant a reduction in tariff from 16p per kWh to 15.44p. 

However, as most of the energy companies have increased electricity prices by around 10 per cent in the past month or two, the rate of return will not fall with the tariff.

Click here to see the new tariff rates. Click here to download the full tariff table for from April 2012

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Comments

4 comments - read them below or add one

James Linton

James LintonComment left on: 19 November 2012 at 5:03 pm

Hi Cathy,

For me when i made contact with FortendsUK, they showed me more than just what solar can produce.  I actually went with a smaller system but incorporated it with LED lighting.  You will be surprise on how much you power bills drop...

I think you are right though...got to look for ways to save on energy without relying on paying too much!

 

 

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gracesolar20120701

gracesolar20120701Comment left on: 9 November 2012 at 6:41 am

This comment has been removed. Reason: spam.

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Cathy Debenham

Cathy DebenhamComment left on: 5 November 2012 at 9:50 am

Hi Tom - I'd say one of the best ways - alongside looking at what energy savings it's possible to make and making property more energy efficient.

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tomb

tombComment left on: 3 November 2012 at 2:15 pm

Energy suppliers until now pay for FITs but also by increase in their energy prices they prove that investment and implementing of renewable energy sources is the best way to reduce overall running and housing costs and at the same time reduce an the impact on an environment. FITs are the right incentive, however energy price increase from year to year should be even better motivation for both individuals and commercial energy users! 

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