Solar PV could earn you money!

From April 2010, new Feed-In tariffs are being proposed that will really begin to make solar PV a cost-effective and very sensible option for domestic householders. Not only will you be paid for excess electricity you generate and sell to the grid (export tariff), you will also receive an amount per kilowatt hour of electricity produced, regardless of whether you use it in the home or sell it to the grid (generation tariff).

This makes the scheme alot more generous and it is hoped that it will significantly increase the uptake of micro-generation in the UK. Currently the Department of Energy & Climate Change is recommending 36.5/kWh is paid to those who retrofit a Solar PV system onto their home which could realise a return of around £1000/annum. In addition to this, you will be able to provide for your own electricity needs, hence reducing your electricity bill further.