Glass Half Full…

News Dec 07, 2011 No Comments

The Government reduction in the Feed-in Tariff isn’t necessarily all doom and gloom for homeowners. Falling installation costs mean even on the new tariff, homeowners should get a healthy return, and save money on their energy bills too. The net result is that whilst your installation will earn you less on the new proposed tariff from 12th December 2011, that reduction will be off-set by the reduction in your solar system installation costs. Return on investment figures will be between 5% and 10% on the new tariff with these new lower installation prices in mind. Perhaps more importantly, the feed-in tariff is still guaranteed for a 25 year period and during that time (and beyond) your installation will be saving you on your normal energy bills – bills that have already risen¬†¬†this year and despite promises of simplifying bills and energy tariffs, look likely to continue rising as resources get scarcer and wholesale prices rise.

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