Wednesday, 10 February 2010

Feed-in-Tariffs from Solar Panels

From April 1, households which install photovoltaic solar panels and feed the energy (green electricity) in to the national grid will be paid 41.3p per kilowatt hour (kWh).

A typical 2.5 kWh system takes up about 10 feet by 10 feet and costs about £14,000 (with install). The Department of Energy and Climate Change (natch) estimates this size of kit will produce about 2,125 kWh per year - so total returns (including reduced electricity bills) would be in the region of £1,050 per year. You can also factor in a property price boost.

More details at www.energysavingtrust.org.uk. For those of you who don't own your own roof, tough. This subsidy isn't for you. Remember, under NuLab governments you peons are only fit for means-tested credits in order that you can be controlled. For the rest of us, wahey! That's a yield of 8 per cent. Maybe this climate change bollocks isn't so bad after all.

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