With the announcement in 2010 of the government’s Feed-in Tariff Scheme, there has never been a better time to install a photovoltaic (PV) system. The owner of a PV system now not only
benefits from saving money by using less electricity from their supplier, but also gets paid for generating electricity regardless of whether they use it or not. The "Feed in Tariff" (FIT) is reviewed by The Department of Energy and Climate Change quarterly and the incentive payment lowered or kept
the same depending on the total amount of national PV installations. This is not all bad news as installation costs are getting lower and interest on investment can still be above 10%
per year, but this will inevitably drop as installation costs bottom out. Once your system has been registered with an electricity supplier, these FIT payments will be paid to you for 20 years on a
quarterly basis and the amount cannot be lowered once the contract has been made. In fact the tariff is index linked and will actually go up in line with electricity price increases.
Schools, housing associations, property management associations, residential and commercial properties can all benefit from the FIT and The Eco Team will be happy to answer any questions you may have regarding installation and expected financial returns, and are always keen to provide a site survey and quotation if requested.
The Eco Team offer extremely competitive supply and installation packages for PV systems. Our large supplier database means we can always source the correct and most efficient equipment as a bespoke solution for your project, regardless of roof type, height of building or electrical supply.
THE ECO TEAM
45 Tallon Road
Please call us on
0208 591 4554
or use our contact form.
Flexibility, innovation, results: see for yourself how we have built the success of our clients. Explore our past projects.