UK Company Offers Affordable Solar Panel and Heat Pump Energy Solutions
Solar Panels
Environmental and energy security concerns have pushed renewable energy to the top of many governments’ priorities. The UK is no exception. Beginning in 2010, a feed-in-tariff program has been implemented to provide financial incentives to help accelerate investment in renewable energy. These incentives are cost-based, meaning that compensation is dependent on the cost of the renewable energy system.
Solar energy systems are therefore eligible for higher rates than wind due to the relatively higher cost of producing energy through solar technology. Unfortunately, this price advantage is not permanent. In April 2012, the feed in tariff for solar panels will be reduced to reflect the decline in solar panel prices. However, installations commissioned before then will still be guaranteed for 25 years at the current rate.
That leaves businesses, homeowners and public institutions a window of opportunity to take advantage of low solar panel costs and high feed in tariff rates–guaranteeing a great return on investment over the next 25 years. Continue reading
