With the drop in the supply price of solar panels, the cost of installations, a LOT more sun (than England) and the much higher electricity prices now means that an economic investment can be made in Solar PV without the need for Feed-in-Tariff or Renewable Energy Obligation support . Of course that is at the industrial scale! – In just one province – Murcia in South East Spain – they plan to install 2.5GW of solar PV – that’s 10 times more than they did in the last two years alone.
Worcester Renewables Ltd
t:01386-871490 e:info@WorcesterRenewables.com
Tag: Renewables (page 1 of 2)
| Band (kW) | Prior to August 1st (Single Installation) |
Standard generation tariff (p/kWh) |
Multi-installation tariff (p/kWh) |
Lower tariff (if energy efficiency requirement not met) (p/kWh) |
Period of Tariff (Years) |
|---|---|---|---|---|---|
|
•4kW (new build)
|
21.0
|
16.0
|
14.4
|
7.1
|
20
|
|
•4kW (retrofit)
|
21.0
|
16.0
|
14.4
|
7.1
|
20
|
|
>4-10kW
|
16.8
|
14.5
|
13.05
|
7.1
|
20
|
|
>10-50kW
|
15.2
|
13.5
|
12.15
|
7.1
|
20
|
|
>50-100kW
|
12.9
|
11.5
|
10.35
|
7.1
|
20
|
|
>100-150kW
|
12.9
|
11.5
|
10.35
|
7.1
|
20
|
|
>150-250kW
|
12.9
|
11.0
|
9.9
|
7.1
|
20
|
|
>250kW-5MW
|
8.9
|
7.1
|
N/A
|
N/A
|
20
|
|
stand-alone
|
8.9
|
7.1
|
N/A
|
N/A
|
20
|
|
Export
|
3.2
|
4.5
|
4.5
|
4.5
|
20
|
So what does this mean to business and commercial installations?
It depends upon who you do business with.
Worcester Renewables buys direct from the manufacturers, and with 4 – 6 week lead times between purchase and delivery our prices are already determined for post 1st August, and whether your purchase before or after 1st August you will still see an ROI, index linked of 10% year on year. However if you can install before the 1st August you will benefit from those payments for 25 years, as opposed to a reduced 20 years.
We also have funding available for a number of sites, so if you believe that you have a property that may be suitable for the installation of Solar PV, then just fill in the form below and we’ll get straight back to you:
Hip Hip Hooray!
Ofgem has just released the new figures for Feed-in Tariff (FIT) payment for2011/2012, and as promised, they have been increased in line with the Retail price increase, meaning that they’ve gone up a whopping 4.8% !
Just click here: to download the latest FIT Payment Rate Table for 2011/12
So just what does it mean for Solar PV owners?
Well, instead of earning 41.3(1) pence per kWH you will now be getting paid 43.3 pence per kWh, meaning that your pay back period will be even quicker than we estimated (we had assumed an increase of only 3.5%), and your FIT payments cheques will be even bigger!
Important NOTE from Ofgem: –
Because from 1 April 2011 all electricity generated and exported by accredited installations will receive the adjusted tariff, it is important that the existing generators take a meter reading on 31 March 2011. In the absence of such a reading, FIT Licensees will calculate what proportion of electricity has been generated and exported until 31 March 2011, and what proportion has been generated and exported from 1 April 2011. They will then apply the relevant tariff to the generation and export electricity.
This is good news for all of our existing customers that have installed systems under the FIT scheme over the last 12 months and even better new for those considering it or planning to have it installed this year.
Also don’t forget that the Government has announced its review of the FIT scheme due to the massive number of Solar PV farms (see this post for more details on that), meaning that now is an even better time to get on and get your system installed.
For a free, no-obligation quotation, just give us a call at Worcester Renewables, on 0844-453-5591 or click here: Quote Me
Putting the Bloom Back
in the Blossom Trail
Worcester Renewables commits to “Putting the Bloom Back in the Blossom Trail.”
NOTE to Editors: Not for publication before 15th February
Solar PV systems can help make the Vale “Blooming Marvellous”
Worcester Renewables, the Vale’s leading supplier and installer of Solar Photovoltaic (PV) panels today announced a major project that will help to revitalise the Vale with more blossom. For every domestic customer that orders a Solar PV system from Worcester Renewables this spring, Worcester Renewables will absorb and donate the VAT to a trust specifically tasked with “Putting The Bloom Back in the Blossom Trail”
To request a FREE survey and quotation, click here: “Quote Me”
Full details will be available on Februarry 15, publication embargoed until then…..
To request a FREE survey and quotation, click here: “Quote Me”
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