The Benefits of Solar Electricity
Trading 17 Years - Benefits of Solar Panel - The benefits of Solar Electricity
Electricity Generation
Your electricity supplier is obliged to pay you. The following Feed-in Tariff rates for every unit of electricity you generate from your solar PV system, regardless of whether you use this directly in your house or not.
Exporting to the grid
As you probably won’t use all of the energy you generate, you will export the remainder back into the grid. Most suppliers are unable to meter this, so they assume that half of the units your solar PV system generates will be exported back to the grid.
Your electricity provider will pay you 4.91p/kWH (for all for every unit you sell back) with an eligibility date on or before 31 March 2017.
Saving on your electricity bills
Electricity generated by your solar panels will be directly fed into your house to power any appliances you are using. Therefore you will be saving money on your electricity bill by not buying electricity from the grid. If your solar panels are producing any extra energy this will be sent back to the grid. Normally each unit of electricity costs around 13p to 28p, so the more you move your energy consumption to daylight hours, the more you can reduce your electricity bill. The easiest way to do this is by optimising your use of power hungry appliances such as the washing machine or dishwasher.
Earn a second income for twenty years
FREE daytime electricity for the lifetime of the system
10% yearly payback
Boost the value of your home
Solar panel electricity systems, also known as solar photovoltaics (PV), capture the sun's energy using photovoltaic cells. These cells don’t need direct sunlight to work – they can still generate some electricity on a cloudy day. The cells convert the sunlight into electricity, which can be used to run household appliances and lighting.
