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Showing posts with the label Feed-in Tariff

Solar panel loans to help homeowners invest in green energy

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Image by now picnic via Flickr The British Government is proposing to offer loans so householders can install solar panels. This is not a new idea, as in the US so companies and local authorities have already started doing this. The cost of installing solar panels on a typical house in the UK costs @ £12,000. This is more than many families can afford in the current economic climate. The loans will repaid with the savings householders make from the electricity they generate . The model relies on the recently announced ‘feed-in tariff’ that will give householders an income from feeding surplus electricity into the National Grid . This could amount to hundreds of pounds a year. The tariff pays up to 36p per kW/hr of electricity generated form not only solar panels but also wind turbines , hydro power or anaerobic digestion. This is paid even if the electricity generated by these means is not fed into the National Grid but used instead by the householder. Any that is fed back i
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In 2010 the UK government will set up a Feed-in Tariff to help promote solar power and reduce carbon dioxide emissions . The Feed-in Tariff will help reduce global warming , boost UK clean-tech jobs andreward people for installing solar power.It is important the Feed-in Tariff is set at the correct rate. If it's too low the potential for a massive increase in the UK's solar energy could be lost, and we could be left behind the rest of Europe . We Support Solar is working to highlight the value of solar PV in the UK and to ensure the Government sets an appropriate rate for the solar Feed-in Tariff to ensure a clean, renewable future for generations to come. You can find out more about the campaign here: http://wesupportsolar.net/ Related articles by Zemanta Green feed-in tariff needs to maximise solar power (guardian.co.uk) Green energy overtakes fossil fuel investment (guardian.co.uk) Laser-based manufacturing can give solar power a boost (energyrefuge.co