Solar Power Grants for Electricity

October Special Offer:

4 Kilo Watt of Sharp ND 250 Watt Panels for £5,799 - Fully Installed - Including vat and a 10 Year Insurance Backed Guarantee!

Clean Energy Cash Back / Feed in Tariff

To encourage significant solar power growth in the UK, the government introduced in April 2010 the "Clean Energy Cashback" scheme, otherwise known as the "Feed in Tariff", which means, for every unit of electricity you generate, whether you use it or feed it back into the national grid, you will be paid for it.

You get paid if you use it and you get paid if you export it! Guaranteed for 20 years!

To qualify for this scheme you must use an MCS government accredited company like Pro SolarPower Ltd.

How does it Cash Back Scheme Work?

1. You have solar electricity panels... it's up to you how many.

2. You generate electricity.

3. You get paid for the electricity you generate and use yourself.

4. You get paid to "export" the electricity that you do not use to the national electricity grid.

When you are at home, you use the electricity that you generate, and when you are not at home you automatically export electricity to the grid.

So quite simply....you get paid for everything you generate and use yourself, and you get paid for everything you generate and export back to the grid.

Am I eligible?

To be eligible for the Feed-in Tariff payments, both the products and the installation company have to be MCS accredited. Prosolar Power Ltd is an MCS accredited and only install MCS registered products.

You will qualify for the full Energy Cashback payments if:

Your solar electricity system has been installed on or after 1st April 2010; and
You installed a MCS (Microgeneration Certification Scheme) product (like our products); and
You used a MCS (Microgeneration Certification Scheme) certificated company (like us); or
The technology was installed after 15th July 2009; using MCS accredited products and installers.

Why has the Cash Back incentive been introduced?

The Cash Back scheme has been introduced by the Government to increase the level of renewable energy in the UK and to meet the 2020 EU target of 15% (under 2% Dec 2009).

How much cash back can I expect?

It all depends on the size of the system you install (1kw - 10kw), but here is an example of typical income generation over 25 years.

The average 2 adult + 2 children household uses 8,300 units per annum.

On your electricity bill you are charged in "units"

The average cost for electricity is currently 10p - 13p/unit.

Our 1kw systems will generate an approximately of 850 units per annum.

The government will pay you 16p per unit.

A typical system

A 4kw Sharp system generates 3,700 units of electricity per year.

You recieve 16p for each unit you generate - whether you use it or not!

You also receive an extra 4.5p for everything you export (total value 19.2p).

Therefore a 4kw Sharp system will save you £362 per year off your annual electricity bill.

And... the government will pay you £591 per year to generate your own electricity.

A quick sum...

A 4kw Sharp system generates 3,700 units of electricity per year

3,700 units x 16p per unit = £591 per year

You will additionally make £50 for the electricity that you export.

£591 + £362 + £50 = £1,002 x 20 years....less the initial cost of your system = £32,031.

That’s a return on investment of over 15% and a payback of 5 years!

Rates illustrated above factor in 3.8% inflation and 9% energy increases.

Remember our systems are government approved therefore the solar generated "unit" output calculations are verified.

How you make / save money?

There are three payment benefits:

1. The Generation Tariff - this is a set rate paid by the energy supplier for every kwh of electricity you "generate" whether you use it or not. The rate is guaranteed for 20 years but may change after the first two years.

2. The Export Tariff - you will receive an extra 3.2p/kwh for each kwh of electricity you "export" / sell back to the national electricity grid.

3. Energy Bill Savings - you will be making savings on your electricity bills; self generating electricity to power your home appliances means you don't have to buy as much electricity from your energy supplier. The amount you save will vary depending how much of the electricity you use in your house.

How is the money paid?

Once you have installed solar electricity technology you must inform your chosen energy supplier (nPower, Southern electric, Uswitch, British Gas etc) that you are eligible to receive the FIT scheme payments.

Your chosen supplier will then register your installation onto the Central Government "FIT" Register, which is administered by Ofgem.

Payments will be made by your chosen energy supplier at intervals to be agreed between you and your supplier.

You may be required to provide meter readings to the suppliers when / if requested.

How much are the payments?

Less than 4kw system in an existing property 16p/kw

Less than 4kw system in a new build property 16p/kw

Between 4 - 10kw system in either above property 14.5p/kw

Between 10 - 50kw in either above property 13.5p/kw

Between 50 - 250kw in either above property 10.35p/kw

Plus you get an extra for anything you export 3.1p/kw

All payments are inflation linked and tax free.

What happens if I move home?

Ownership of the technology is linked to the property and, therefore, in the case where a building or homeownership changes, the ownership of the technology would also transfer to the new owner. Clearly this has added value benefits to the property.

Which supplier is best for me?

There are many electricity companies who now offer to buy your solar electricity power. It is up to you who you use; we are not at liberty to endorse any electricity supplier but all the rates payable are the same for each company.

Return on Investment

These tariffs will certainly cover the initial capital outlay and, according to the Government, earn a return up to 15% p.a. In practice that means you should pay back the capital cost at least 2 to 3 times over the duration of the tariffs.

Is it time to have your very own power station...is it time to be your own energy supplier....is it time to be a pioneer in your area?