Why The Rush
The tariff levels set out above apply to systems installed before April 2012. Systems installed after this will be subject to new lower tariff rates: The government proposes that the model incorporates annual ‘degression’ whereby the tariff level will reduce by a fixed percentage for systems installed in the future. Generators will continue to receive the same tariff rate for the 20 year period (25 years for Solar PV) as they did upon installation.
- The Generation Tariff is not fixed – it drops every year after April 2012!
- The Generation Tariff is set at 41.3p/kWh. By installing a solar electricity system before April 2012 you are guaranteed to be paid this rate for the 25 year lifetime of your system, tracked with inflation.
- The Generation Tariff will drop by 8.5% every year after April 2012. And the rate you come in at is the rate you pay for the lifetime of your system.
- PLUS as the FiT tariffs are indexed linked – linked to the Retail Price Index (RPI) as a measure of inflation - your investment in this green renewable energy technology will ensure you profit when global oil prices
Am I Eligible ?
Is your roof:
- South facing (between southeast and southwest)
- Unshaded, particularly from trees or other buildings
- With approximately 24 to 30 square metres of clear roof space
- And a 30 to 40 degree roof angle (most UK roofs are at about this angle)
If your home fulfills these criteria then you may be eligible for the installation of a free solar electricity system.