Solar PV Panels (Feed In Tariff)
Solar Photovoltaic (PV) panels produce electricity from the energy emitted by the sun and in doing so they provide your home with carbon-free and bill-free electricity. Even if you have a small roof you can install a solar PV system, it will just be smaller and produce less electricity but generally speaking smaller properties usually consume less electricity.
At present you can earn up to £235 per year with the current Feed In Tariff. This scheme is paid to you by the government for the electricity that your solar panels produce, this is paid to you for 20 years.
Whilst it’s true that the further South you go, the more direct sunlight you’ll get, and roof orientation is a consideration, technological advances in solar panel production have improved the efficiency of the units to enable power to be generated on the cloudiest of days. Panel prices have also dropped by over 70% in the past 5 years making them more affordable too.
It’s estimated that 40% of the UK will benefit from the generation of solar power by 2020. At the start of 2017 this figure was just 3% of households.