Electricity prices are still on the increase. The time has never been better to start generating your own electricity.
Better Feed in Tariffs
A Tariff tells you how much money an electricity company will pay for electricity. If you have your own renewable energy system then you are often producing your own electicity. This kind of ‘good electicity’ is becoming more attractive to energy companies and as a result tariffs have slowly been improving over the past couple of years.
Providers can offer a tariff where they will pay you for everything that you generate and not simply the spare electricity that you haven’t used. The rate they offer is 9p per unit. This means that you save twice, you save the money from buying the electricity in the first place but you also get paid for generating it. This could equate to more than 20p per unit.
People often take about how far ahead Germany are in respect to microgeneration tariffs but the UK is genuinely catching up.
If you are interested in microgenerating, give us a call at Intelligent Energy Solutions and we would be delighted to guide you through it.