Time is running out to take advantage of the Solar FiT scheme

Domestic Solar PV

Time is running out to take advantage of the Solar FiT scheme

July 30, 2018

Introduced in 2010 to increase the uptake of solar energy, the government has now confirmed the Feed in Tariff (FiT) for new solar installations will end in March 2019.

Although the current Feed in Tariff is significantly reduced from the figures offered in the early days of the scheme, as the cost of the technology has also reduced, it still offers around a 10% return on your investment. In fact we can now install a 4kWh system from only £4,800, earning you up to £450 of tax free income and savings per year!

This tariff can only be secured for systems installed before the end of March 2019, so if you are considering solar now is the time to do it.

Princeenergy are fully MCS accredited and as well as offering new systems we also offer the following services and system add ons:

Cleaning– Just like your windows your solar panels collect dirt and dust which will reduce their ability to take in the suns rays, immediately affecting their output and your pay back. A regular professional clean will keep them working to their maximum.

System health check – A periodic test of your system will highlight any potential or existing issues with efficiency or safety, keeping the system working correctly and preventing any potential hazards.

Heat your hot water – By fitting a small device called an i-boost you can use surplus energy created by your solar panels to heat your hot water – saving you even more on your energy bills.

Improving Efficiency – Many systems fail to perform at their maximum efficiency due to shading issues. With a traditional string inverter, any shading on even one panel will affect the output of the whole array. With the simple addition of an optimiser only the output of the panel in shade is affected and the rest of the panels can run at maximum efficiency, maintaining the output of the system. An optimised system can produce around 15-20% more kWh per year than a traditional string inverter on a shaded roof.

Solar Battery Storage – One of the latest innovations in the domestic solar market is battery storage. This gives you even greater savings as you can store the energy generated by your solar panels during the day and use it at night. This can almost eliminate your reliance on the grid! We are currently fitting new PV systems with battery storage form just £7,000!

If you are considering fitting solar panels or already have a system and would like to explore battery storage or other enhancements then please get in touch on 0345 600 7 800 or use our contact us form.

We can provide free, no obligation quotations and offer advice on the best solution for your property, we can also help you to calculate the potential return on investment of any system we fit. Our team are friendly, open and honest, there’s no hard sell and no hidden extras.