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Ribble Valley Borough Council

Home Energy Saving Tips

Solar Panel Savings

Install solar panels now before government subsidies are cut even further

There has been yet another change to the Government's Feed-in-Tariff solar energy scheme.

Properties that meet a certain criteria will get 21p for every kWp of electricity produced and receive taxfree payments for 25 years.

The current generous level of Feed-in-Tariff (FiT) is only fixed for installations completed by July 2012.

After this, the FiT rate will be significantly reduced.

Earn and save money without lifting a finger with a Solar PV System

It's easy to generate income and save a huge amount of money by installing a Solar PV System - in three ways:

  • Generated Tariff - Earn around £714 a year for the electricity you generate (4 kWp system).
  • Avoided Tariff - Save around £390 a year - the value of the electricity you generate and are able to use (4kWp system).
  • Exported Tariff - Make another £51 per annum for unused generated electricity, which is exported back to the national grid (4 kWp system).

So, in total, you can make around £1,155 in the first year with a 4 kWp Solar PV system.

With solar installation lower than ever, you can get a 4 kWp Solar PV System from just £8,995.

The return on investment in year one is a whopping 12.8%.

As electricity prices increase, the savings become even greater and so will the income from the Feed-in-Tariff.

For free information and advice please contact John Barber, Housing Officer, Ribble Valley Borough Council on 01200 413235 email john.barber@ribblevalley.gov.uk