Beat the Feed-in Tariff drop, install Solar Panels before January 2016
The UK Government have announced that they are slashing the Solar Feed-in Tariff by 87% on January 1st 2016. If you install solar panels before that date you’ll receive the current Feed-in Tariff of 12.47p per kWh, after that date the price is proposed to be 1.63p per kWh!
There really is no better time to have solar panels installed on your home. The Government are consulting on the tariff drop at the moment, but with budgets being squeezed it looks pretty certain that this will become a reality come January 1st.
How could the Solar Feed-in Tariff drop effect you?
Here are the sums
Typical payment each year if you install before January 1st 2016 – £635 per year*
Typical payment each year if you install after January 1st 2016 – £255 per year*
*This includes your energy saving. #solarpanels #solarenergy #solarpower