Ofgem has confirmed that the Feed-in Tariff rate for Solar PV installations <50kW will drop on 1st January 2015 by 3.5%.
Solar panel installations on domestic roofs and smaller commercial systems that are commissioned before the end of the year will be locked into today’s higher rate for 20 years, tax-free, so our advice is to order solar panels now to secure the greatest returns. The table below shows the new rates confirmed for solar panels commissioned from 1st January.
Feed-in Tariff rates confirmed for Solar PV installations from 1st January 2015
| System Size | FiT rate pence/kWh |
|---|---|
| 0-4kW | 13.88 |
| >4-10kW | 12.57 |
| >10-50kW | 11.71 |
| >50-150kW | 10.34 |
| >150-250kW | 9.89 |
| >250kW-5MW | 6.38 |
| Standalone | 6.38 |
The popularity of solar panels in the UK continues to increase as more people switch on to lower electricity bills and tax-free earnings from the government’s Feed-in Tariff incentive. Solar Panels are more affordable and more efficient than ever and the returns from the Feed-in Tariff make solar a very sound investment for almost anyone with a roof. If you are considering solar panels for your home or business, now really is the time to do it and secure yourself the best returns from the Feed-in Tariff.
More about Solar Panels
More about the Feed-in Tariff
For a free survey of your property and capacity for solar panels call 0845 371 3181 or find your nearest EnergyMay
