Make a Profit by Generating your own Clean Electricity with Solar PV
Generate your own renewable energy as well as an income with home solar power. The government's new Feed-in Tariff (FIT) scheme will pay you for all the electricity you generate - there has never been a better time to invest in renewable energy!
How does it work?
A home solar panel system uses solar photovoltaic (PV) panels to capture daylight radiation from the sun and convert it into electricity. This electricity can then be used in your home in the same way as electricity from the national grid.
- Solar PV panels convert the energy from the sun's light into electricity even on a cloudy day!
- An inverter is used to adapt direct current (DC) generated by your panels, into a house-friendly alternating current (AC).
- A new meter can track how much energy your panels are generating and tells your energy supplier how much to pay you.
- Electricity you are generating is fed to your plug sockets and lighting systems. Any you don't use is exported to the national grid.
Key Benefits of a Solar PV Installation:
- Generation tariff set at 41.3 pence per kilowatt hour and guaranteed for 25 years. It is also index-linked to the Retail Price Index.
- Any electricity generated and used is free, saving an additional 9-12 pence per unit.
- The Export Tariff which may change, is currently set at an additional 3 pence per unit.
- Inflation-proof 5-8% return on investment.
- All tariff income is tax free.
- Reduced carbon footprint
- Increased property value
Making money from your investment in solar:
The Feed-in Tariff scheme guarantees that you get paid 41.3 pence for every kilowatt hour of electricity you produce, whether you use it or not. Any electricity that you make and don't use will be exported back to the national grid, for which you'll be paid an extra 3 pence per unit. In addition, every unit of energy that you generate and use will save you an additional 9-12 pence per unit on your regular energy bills. These payments are Tax-Free and wil last for 25 years. They are locked in at the rate you start with for the duration of your tariff, and are inflation-linked; adjusted every year in line with the Retail Price Index (RPI) in order to protect the return on your investment.
An indication of the potential:
| Examples | 2.35 KW System Returns Period 25yrs | 2.35 KW System Returns Period 10yrs |
|---|---|---|
| FIT Payments | £38,534.00 | £10,625.00 |
| Energy Savings | £5,481.00 | £1,606.00 |
| Export Payments | £1,292.00 | £368.00 |
| Period Returns | £45,307.00 | £12,599.00 |
| Calculation have been based on 2.35K solar panel system. Year one output projected at 1948Wh (based on industry standard SAP calculations), performing at 90% efficiency in year 10 and at 80% efficiency in year 25. Calculations take into account south facing roof at 30' pitch. East/ West orientations would reduce savings by approx 15% while north facing orientations are affected by approx 32%. FIT subsidy taken at 43.3/KWh for electricity generated and a further 3p /kWh for electricity exported to the nation grid. Savings projections are based on existing RPI rate of 4.5%, a figure published by the Office for National Statistics, 16th November 2010. | ||
Based on the example to the right, you would break even on an initial investment in approximately 11 years allowing 14 years of profit. If you had the roof space to install the largest system that qualifies for the Feed-in Tariff, generating 4Kw/h, the savings would almost double.
Why choose DB Direct Solar Systems
We are a Local Business Family Owned and Managed since 1987. Solar PV Energy is relatively new Technology that quires a professionally managed approach. DB Direct issue a written 15 year maintenance and service guarantee, additionally our PV Panels carry their own 25 year performance guarantee.
A Solar PV Energy Investment will continue to give you a return each quarter for 25 Years Guaranteed. A shrewd investor would need to know that the company they deal with will be there for the duration to maintain their energy system at optimum levels.
Microgeneration Certification Scheme (MCS)
Direct Solar installations are carried out under the Microgeneration Certification Scheme and there will qualify for the feed-in tariff. The MCS certificates both microgeneration technologies used to produce electricity from renewable sources and also those companies wishing to install microgeneration products. It has been developed to provide consumers with an assurance that microgeneration products and installation companies meet a robust set of standards.
REAL Assurance Scheme
The REAL Assurance Scheme was set up by the Renewable Energy Association with the aims to guarantee a high quality experience for consumers wishing to buy microgeneration products for their home, for a community building or for a small business. REAL membership is a sign that the supplier or installer has agreed to abide by the high standars as set out in the REAL Consumer Code, and displaying the REAL logo is a symbol of professional excellence.
REIGA
RIGA, which stands for Renewable Energy Installation Guarantee Agency, offers consumers a 10 year, insurance-backed, guarantee on the installation and maintenance of renewable energy. It is in addition to the Affordable Solar 10 year installation guarantee and the Schueco 25 year performance guarantee.