Energy Saving Trust channels
Top shortcut links
Main navigation starts here
You are here:
Financial benefits on offer to consumers through the government's feed-in tariff scheme could be substantial.
Energy company npower has revealed that people who use solar power to generate their own electricity could earn around £960 a year from the electricity they are able to feed back into the National Grid.
npower's assessment revealed that, from April 2010 when the scheme kicks in, consumers could be earning up to 41.3 pence for every unit of electricity they generate.
James Morgan, solar expert for the company, commented: "Put simply, owners of solar photovoltaic panels, which produce electricity, will be paid for all the energy they generate - regardless of whether they use it themselves or sell it back to the grid. So not only will your energy bills be reduced, but you will also be receiving a regular income from the energy you generate."
Solar photovoltaic technology is able to generate electricity just from daylight, making it highly suited to the UK's largely cloudy climate.
While the initial outgoings involved in installing solar panels are high, consumers are able to benefit from government loans and support to help meet costs.
Posted by Emily Thomas
Sign up to receive regular e-news for more information
For more information please see:
For regular email updates please submit your email address below.
Call 0800 512 012 for free, independent and local energy saving advice
Click here to request a call back from your local advice centre.
Latest News