Residential – Solar energy grants Funding

RESIDENTIAL – GRANT FUNDING

There are currently two main grant schemes that are available to domestic and the public sector organizations, The Feed in Tariff, (FIT) for Solar Photovoltaic systems, and the Renewable Heat Incentive, (RHI) for Solar thermal and Ground and Air Source Heat Pumps.

The government grant and discount schemes run on both national and local level for all homeowners and commercial enterprises, including the likes of churches and hospitals. New Energy Futures at Solar install are accredited with MCS to install and design small scale and large systems to suit any organisation.

MCS installers, and can guide you through the installation and (FIT) and (RHI) application process so please contact us for any further information regarding these options.

Before you consider a renewable energy source you must have an accredited contractor to carry out and advise you along each step of the design and installation process. We at Solar Install can do this for you with our in house design team of fully trained surveyors and energy advisors.

We supply solar panels across the UK, including solar panels Derby, solar panels Swansea and solar panels Plymouth. We can take you through each step and ensure you get the correct solar system to meet your needs. The LCBP Phase 2 scheme has now been replaced by the Feed in Tariff for Photovoltaic Solar Systems and the Renewable Heat Incentive for Solar Thermal and Ground and Air Source Heat Pump technology for heating systems.

Domestic FIT’s are at the highest ever level, which is currently 43.3p per KWh of electricity generated, for systems under 4KWp in total. For larger commercial systems the FIT tariff varies according to the system size. Below is a table giving a guidance to FIT payment levels for each type of technology and size of system installed.

If you require any further information regarding grants available and need advice on the best one for you please do not hesitate to contact us and we will be happy to advise you further.

Tariff Levels Table

The level of the generation tariff is dependent on the technology and the system size

The main benefit of the Feed-In Tariffs is the generation tariff, which is paid for every kilowatt hour of electricity produced. The amount paid per hour is determined by the type of technology and the size of the system.

The Feed-In Tariffs scheme also provides two further benefits: an additional payment for surplus energy exported to the grid (this is called the export tariff) and a saving on energy purchased from your electricity supplier.

Table of Feed-In Tariff levels for the year to 31st March 2012

Notes:
[A]: These tariffs are index-linked for inflation (see below).
[B]: This tariff is available only for 30,000 micro-CHP installations, subject to a review when 12,000 units have been installed.
[C]: These terms are defined as follows:

• “Retrofit” means installed on a building which is already occupied
• “New Build” means where installed on a new building before first occupation
• “Stand-alone” means not attached to a building and not wired to provide electricity to an occupied building

[D]: But increases now proposed – [E]: But reductions now proposed –

Once a system has been registered, the tariff levels are guaranteed for the period of the tariff and index-linked (see below). For systems registered in future years, some tariff levels will be adjusted to account for expected reductions in system prices, as further described here. For household customers producing energy mainly for their own use, the tariff income is also free from income tax.

Index-linking for inflation

The tariffs are index-linked to the RPI as further described here.

The indices used so far are: