The new feed in tariff began on the 1st April and is expected to increase substantially the number of homes in the UK that install solar panels. The main area of the scheme is the 41.3p per kW you will be paid for producing electricity. The scheme is open to residential propperties who install up to a 4kW. You are paid the kW price even if you use all the energy yourself. If you export any of your energy, you are paid 3p on top of the feed in tariff.

The main benefits of the feed in tariff are:

a) You are paid the tariff for a gauranteed period of 25 years.

b) tariffs are inflation linked.

c) Solar panel systems last around 40 years.

In the UK, companies have already started to see a significant increase in the number of enquiries as a result of the feed in tariff. Other countries that have introduced the feed in tariff such as Greece have seen a significant increas in the number of homes installing solar panels. The only downside of the scheme is the upfront cost of installing solar panels. An install is typically around £12,500, but as the ROI is around 10% it is a good investment.

Wayne Morris, set up the big green company to make solar energy more affordable. based in Wilmslow (Cheshire) and Southport, they design and install solar panel systems for residential and commercial use. They have 2 full working displays of solar panels at their solar centres.

http://www.biggreencompany.co.uk