5 Reasons to Go Solar before the end of the Year

If the government is to fulfil its renewable energy targets, the UK should have 10 million homes with solar panels before 2020. Since 2010, the government has encouraged homeowners to buy solar panels by offering tax-free cash earnings through the Feed-in Tariff scheme (FITs). But that is about to change.

From 1st January 2016, the government is planning to cut the FITs by a huge 87%. This means that homeowners that choose to install solar panels after this date will only get 1.63p/kWh, compared to the 12.47p/kWh they can get currently.

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ACT NOW: TIME RUNNING OUT TO BENEFIT FROM FITS

The Department for Energy and Climate Change is proposing to slash the Feed-in Tariff rates for solar PV systems by 87%.

The Government published its review of the Feed-in Tariff scheme (FITs) today, and is proposing deep cuts to all bands from 1st January 2016. Consumers can expect to earn 1.63p per kWh for a 0-10kW system from next year, which is a huge cut to the 12.92p/kWh for a 4kW system currently available until 30th September. If these new cost control measures are ineffective, the Feed-in Tariff scheme could be axed altogether.

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What is the Feed-in Tariff?

The Feed-in Tariff scheme (FITs) is a Government scheme that allows you to get money from your energy supplier if you install an electricity-generating technology from a renewable or low-carbon source. Your energy supplier will pay you for the electricity you generate, even if you use it yourself. You can then sell any leftover energy back to the grid. You’ll also reduce your energy bills, because you’re producing your own electricity.

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Why should you avoid cheap solar panels?

Have you decided it’s time to start producing your own energy rather than keep paying the National Grid for gas and electricity? If so, then solar panels are bound to have entered your mind as the most popular renewable technology in the UK.

But do you really need to spend the full whack? How about cheap solar panels? Unfortunately, taking this approach can put you in a lot of trouble, as discovered by the NY Times. Budget solar panels are cheap for a reason, and those investing in these products have quickly found there to be major consequences.

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Get the most from your solar panels

If the rising energy prices are making your blood boil and you want a way to produce your own power, then you’re likely to have given some consideration to solar panels.

Of course, with solar panels not only can you slash your electricity bills but you can earn a guaranteed income with the feed-in tariff scheme too. This provides you with the opportunity to make an excellent return on investment.

But when the system is up and running, how can you ensure to get the most from it? We offer you the best tips to using your solar panels most effectively.

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Get the best solar panel quotes

Before the rise of the Internet it was a lot more difficult to compare prices of certain products. But fortunately modern technology has been of great help in this respect, and within minutes you can compare solar panel quotes in your area.

It doesn’t matter which type of solar panel system you’re after either (solar PV or solar thermal), you can be sure of getting the very best price available. Of course, in today’s world of cowboys and rogue traders it’s increasingly important to trust the company you choose and ensure you won’t be ripped off for the goods.

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What are the best solar panels?

Did you know that solar panels have been used in the UK for decades. Probably not, because they’ve only come to the forefront of the energy market over the last five or six years. This is mainly because these days, solar panels offer a more lucrative investment, with both electricity savings and a guaranteed income to benefit from.

The good news is though, the cost of solar panels has reduced quite significantly over the last 18 months, making an investment more affordable. And with the country’s rising gas and electricity prices, solar panels are an excellent alternative to paying grid prices.

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