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May, 2010 Archive

PV & Wind FiTs – Who’s Eligible?

Monday, May 24th, 2010

With the subject of FiTs and ROCs flying around everywhere, it’s hard to know – Who’s entitled to what…

FiT: Came into force in the UK on April 1st 2010.

ROC: Came into effect in the UK on April 1st 2002.

All technologies commissioned on or after 15th July 2009 are entitled to the new government incentive of 41.3p/kWh produced under the FiT scheme. All technologies before this date are only entitled to 9p/kWh. This only applies however, to those that were receiving ROCs.

If you don’t fit into this category, then things begin to get a little complicated. Take a look at our FiT and ROCs eligibility flowchart which can help you get to the bottom of any queries. Answer the questions accordingly to find your answer.

Unfortunately if your system was installed before 15th July 2009 and isn’t accredited under RO then you will not be eligible for the FiTs.

Any installations from July 15th 2009, installed by Intelligent Energy Solutions, are eligible for the FiTs!

The following websites may also be of benefit to you, to see if you are eligible:

  1. http://www.decc.gov.uk/en/content/cms/what_we_do/uk_supply/energy_mix/renewable/feedin_tariff/fits_lcbp/fits_lcbp.aspx
  2. http://www.decc.gov.uk/en/content/cms/what_we_do/uk_supply/energy_mix/renewable/feedin_tariff/feedin_tariff.aspx
  3. http://www.goodenergy.co.uk/how-to-go-100-green/feed-in-tariff/guide-to-fit/

Posted in News, Solar PV Panels, Wind Turbines | No Comments »

Feed In Tariff Factsheet

Wednesday, May 12th, 2010

Intelligent Energy Solutions launches their new factsheet for the Feed in Tariff (FiT).  The factsheet includes:-

  1. Information about the feed in tariff for both photovoltaic and wind power systems
  2. List of frequently asked questions
  3. A worked example of how to calculate the available revenue/savings
  4. A guide as to how to apply for the FiT

You can view the fact sheet here.  If you have any problems downloading please contact us.

Posted in Solar PV Panels, Wind Turbines | No Comments »

Solar Panel Cost

Friday, May 7th, 2010

The primary question that most people are interested in at this moment in time is “What are the costs associated with Solar Panels?”
The first thing to determine is which type of panel you are most suitable for you. As a general rule of thumb we would advise that solar thermal panels (for heating domestic water) are the lowest investment cost starting from around £3000 (inc VAT, after £400 grant). PhotoVoltaic panels can offer a much higher rate of return but requires a larger initial investment.
PV solar panels historically were less cost effective than solar thermal panels but due to the massive government incentives that came into law at the beginning of April this year (2010) PV panels are very much the panels of choice for the discerning investor.
As an example a 4kW PV system can cost around £18,500 (inc VAT and scaffolding), this will generate around £1800 per year in revenue and savings, this gives a return on investment of almost 10%. It is also worth remembering that this revenue is tax free which, for a high rate tax payer, is the equivalent to a 16% bank account.

Posted in Solar PV Panels, Solar Water Heating | No Comments »