Sunday, 13 September 2009

Double incentives for PV solar panels

For 6 months only the incentives of installing PV solar panels have been doubled, but this will only last until April 2010.

Previously domestic PV (Photovoltaic) installations were rewarded by a £2,500 government grant, but with a new reward scheme on the horizon, UK householders only have 6 months to claim this grant. After April next year the grant will be replaced by a feed-in tariff incentive which will increase from the current 10p kWh produced to an anticipated 36p per Kwh.

The current £2,500 grants are still available and once installed you will still be able to receive the new incentive scheme next year. Stuart Lovatt of Heat my Home says “This gives householders an unpresidented opportunity to receive both incentives which will never be repeated again.”

Germany with a similar climate to Britain and Australia have been running this type of reward scheme for the last 10 years with great success in the uptake of PV solar panels with the USA following this lead too. The UK’s history of solar grants have been dubious in the past, but with the urgency and need for the UK to relieve it’s dependence on imported energy and reduce global warming impact has brought this welcomed change of policy.

Solar panels including water heating solar have become more and more popular over the last 2 years because UK householders are increasingly becoming aware of the big issue’s our country has with energy price rises which is only going to get worse over time.

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