Why Solar |
About Solar energy.
Solar energy, radiant light and heat from the sun, has been harnessed by humans since ancient times using a range of ever-evolving technologies. Solar radiation, along with secondary solar-powered resources such as wind and wave power, hydroelectricity and biomass, account for most of the available renewable energy on earth. Only a minuscule fraction of the available solar energy is used.
Solar powered electrical generation relies on heat engines and photovoltaic. Solar energy's uses are limited only by human ingenuity. A partial list of solar applications includes space heating and cooling through solar architecture, potable water via distillation and disinfection, daylighting, solar hot water, solar cooking, and high temperature process heat for industrial purposes.To harvest the solar energy, the most common way is to use solar panels.
A practical guide to solar panels.
With current interest rates and unstable utility energy prices, installing solar panels, currently represent one of the best investments, increasing your properties value and reducing your energy bills long term. This website is designed to educate people on the different solar technologies available for the UK climate.What can solar panels do for you?
In the crazy world of energy prices and the downturn of the economy, any way that you have to reduce your living expenses will help you get through the economic downturn. Using renewable energy such as solar power will be a great way to eliminate your energy and heating bills.
Benefits of solar energy
For the Environment - Environmental benefits
The benefits of Solar PV
A 4 kWp PV array installed in Berkshire will provide a cash payment of £1,376.00 and on top of the cash payment the 3,334 kWh generated from the PV system can be used for own use or be sold. All the cash payments paid from the feed-in tariff for the electricity generated from PV is tax free.Payments are made for the actual amount of electricity generated from the PV solar array. Most suppliers will make payments each quarter by either a cheque or BACS which ever the customer requests.The customer will be required to supply the energy supplier with a reading from the PV solar meter and the payment will be made to the customer based on the reading supplied. The energy company will also pay 3p per kWh for 50% of the generated electricity from the PV solar array based on the assumption that 50% has been exported back to them.The cash payments are made by the energy company, are index-linked and guaranteed for 25 years by the government. The government are giving a 25 year guarantee on the feed-in tariff and £10,000 invested in solar electricity over the 25 year period will return 50% more than leaving the money in a bank. This calculation does not take into account the savings made on electricity bills over this period.
Earn Guaranteed Income
From April 2010, you can make tax free returns of around 8% by generating your own electricity.The government has introduced a subsidy program (called a Feed-In Tariff) to create a financial incentive for people to install renewable energy generation technology in their homes and small businesses.How will the Feed-In Tariff create such a compelling investment opportunity? The new subsidy, which was created by the Energy Act of 2008 and will come into effect on 1st April 2010, benefits generators in three ways:Earn as you generate
For every kWh of electricity generated, the government will pay 41.3p (~3 x grid rates) guaranteed for 25 years & inflation linked For the electricity you don't use up but ‘export’ you receive an additional 3-5p per kWhSave on your energy bill
By generating some of or all your own electricity you can reduce the amount you buy from a utilityToday this means a saving of around 13p per kWh but this will rise as energy prices increaseIncrease your home value
With a 25 year technology warranty and a subsidy lifetime you will earn money for many years.How does the Feed-In Tariff work?
| Benefits | Savings |
Earn as you generate | Toby's 2kWp installation generates 1700kWh each year & receives 41.3p per kWh & and additional 3p for any electricity he exports to the Grid | £728 |
Save on bills | Toby uses ~50% of the electricity he generates and so avoids needing to buy 850 kWh at ~13p per kWh from his fossil-fuel based utility | £110 |
Total savings per year | Having spent ~£11000, Toby makes a massive tax free annual saving of ~8% | £840 |
Increase in home value | Because Toby is going to sell his home next year, he can pass on the savings to the next owner. We assume a simple 10 x yearly earnings as a reasonable price | £8400 |
Annual carbon savings | To illustrate the environmental benefits, we've calculated the annual carbon savings in terms of the equivalent miles you could drive in one of the engensa Smart Cars | 6200 |
Source: Energy Savings Trust; assumes 89 g/km emissions for a Smart for two pulse cabrioSolar Photovoltaic (PV) Systems Feed-in Tariff
Feed-in tariff - Payments per kWh if installed before 31st March 2012 | |
up to 4 kW (new build) | 36.1 pence per kWh generated |
up to 4 kW (retrofit*) | 41.3 pence per kWh generated |
4 kW to 10 kW | 36.1 pence per kWh generated |
10 kW to 100 kW | 31.4 pence per kWh generated |
100 kW to 5 MW | 29.3 pence per kWh generated |
Stand alone system** | 29.3 pence per kWh generated |
Here is our advice about how to save energy
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