Wadebridge sets the standard - 1 in 10 households with solar PV
Posted by Gabby Mallett on 3 June 2015 at 11:25 am
Wadebridge in Cornwall is setting the standard for Solar Energy in the UK with one in ten households sporting Photovoltaic systems.
Could this be partly because the local Wadebridge Renewable Energy Network has been promoting reductions in carbon emissions from the town and has a membership of over 1000? Or could it be because with 1,541 hours of sunshine ever year Wadebridge residents are well placed to benefit from this technology?
Financial payback times in Cornwall can be down at six years, whereas systems located in other parts of the UK can have payback times closer to 8 years. This is based on income from the Feed in Tariff alongside savings on energy used.
Clearly once the investment is paid back a homeowner can benefit directly from the energy savings and actually make a profit from the FiTs, which are index linked and guaranteed for 20 years.
Amber Rudd, secretary of state for energy and climate change has promised to "unleash a new solar revolution". This is certainly a step in the right direction and something other towns could emulate.
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