The document discusses solar photovoltaic (PV) systems in the UK. It notes that despite cuts to subsidies, the number of solar installations continues to grow significantly each year. A PV system generates electricity from solar panels using the photoelectric effect and includes panels, an inverter to convert DC to AC current, and other components. The efficiency of a PV system depends on factors like location and weather conditions. Government incentives like feed-in tariffs have increased interest in renewable technologies, though rates have been reduced.
A sustained rise in the average solarpv system capacityacross australiaSolar Secure
In this blog, we mentioned the trend observed in the growth of the average capacity of small-scale solar PV systems (< 100kW).
https://www.solar-secure.com.au/blog/sustained-rise-average-solar-system-capacity/
DC-Coupled Solar Plus Storage: Results from the FieldNicole Green
Dynapower will join Duke Energy to explain the decision-making process, challenges and opportunities and conclusions of a DC-Coupled Solar plus Storage project, including data from Duke Energy's Mt. Holly R&D Lab.
Australia solar power sector future outlook 2020Rajesh Sarma
“Australia Solar Power Sector Future Outlook 2020” Report Highlights:
Australia Solar Power Sector Overview
Australia Solar Power Economics
Solar Feed-in-Tariff by State
Solar Energy Policies & Regulatory Framework
Australia Solar Energy Sector Future Outlook
Playing Well with Others - Market for Storage HybridsJill Kirkpatrick
With 93% of H1 2018 installations in the U.S. being paired solar, hybrid systems are increasingly emerging into the midstream of the energy storage industry. Potential operational benefits and revenue streams are clearly outpacing existing regulations. This research presentation will explore the potential value of hybrid systems and the policies needed to incentivize them, such as Clean Peak standards, and will be followed by a 2-minute Q&A.
DC-Coupled Solar Plus Storage: Results from the FieldNicole Green
Dynapower will join Duke Energy to explain the decision-making process, challenges and opportunities and conclusions of a DC-Coupled Solar plus Storage project, including data from Duke Energy's Mt. Holly R&D Lab.
A sustained rise in the average solarpv system capacityacross australiaSolar Secure
In this blog, we mentioned the trend observed in the growth of the average capacity of small-scale solar PV systems (< 100kW).
https://www.solar-secure.com.au/blog/sustained-rise-average-solar-system-capacity/
DC-Coupled Solar Plus Storage: Results from the FieldNicole Green
Dynapower will join Duke Energy to explain the decision-making process, challenges and opportunities and conclusions of a DC-Coupled Solar plus Storage project, including data from Duke Energy's Mt. Holly R&D Lab.
Australia solar power sector future outlook 2020Rajesh Sarma
“Australia Solar Power Sector Future Outlook 2020” Report Highlights:
Australia Solar Power Sector Overview
Australia Solar Power Economics
Solar Feed-in-Tariff by State
Solar Energy Policies & Regulatory Framework
Australia Solar Energy Sector Future Outlook
Playing Well with Others - Market for Storage HybridsJill Kirkpatrick
With 93% of H1 2018 installations in the U.S. being paired solar, hybrid systems are increasingly emerging into the midstream of the energy storage industry. Potential operational benefits and revenue streams are clearly outpacing existing regulations. This research presentation will explore the potential value of hybrid systems and the policies needed to incentivize them, such as Clean Peak standards, and will be followed by a 2-minute Q&A.
DC-Coupled Solar Plus Storage: Results from the FieldNicole Green
Dynapower will join Duke Energy to explain the decision-making process, challenges and opportunities and conclusions of a DC-Coupled Solar plus Storage project, including data from Duke Energy's Mt. Holly R&D Lab.
Keynote Interview: Texas as a U.S. Flagship for Energy TransitionNicole Green
Texas is the U.S. state that produces the most renewable energy in terms of sheer quantity. And one that also experiences some of the most extreme weather out of all the U.S. regions. This conversation will provide a unique perspective as to how ERCOT balances a regional energy system that counts on some of the highest renewable penetration rates with reliability and resilience in a very congested transmission network throughout its most challenging season, reflecting on Summer 2018 data.
Slide presentation from ISO New England CEO Gordon van Welie on the role of natural gas and pipelines for that gas and their importance to the electricity market in New England.
Intervenant: Henri Herkelmann
thèmes: UK Government Policy Electricity Market Reform, EDF Energy’s Projects
Présentation lors d’une table ronde sur les perspectives de plusieurs pays à la convention SFEN du 4 avril 2013.
Net metering, or net energy metering (NEM), is a billing system that credits small customers at the full retail electric price for any excess electricity they generate and sell to their local electric company via the grid from on-site small sources such as residential rooftop solar arrays.
Remarks by ISO New England CEO Gordon van Welie on the role of natural gas and pipelines for that gas and their importance to the electricity market in New England.
System price on electricity DAM market of Nord Pool during 7 - 13 Feb 2022 stood at average of 79,5 (-21,2% to 31 Jan - 6 Feb 2022 at 100,9 EUR MWh). OTE Market DAM price - 163,2 EUR during 7 - 13 Feb 2022 (-4% to 31 Jan - 6 Feb 2022 at 169,7 EUR). Ukraine’s OREE DAM IES price stood at average 60,7 EUR MWh during 7 - 13 Feb 2022 (-4,5% to 63,59 during 31 Jan - 6 Feb 2022).
Japan has been involved in solar power development since the early 1990s when the country installed its first solar power plant. It has already become one of the top countries for total solar Photo Voltaic (PV) panels installed and its companies are leading manufacturers of PV solar panels. Comparing to the installed generation capacity of Solar PV panels all over the world, Japan stands at the third position after Italy and Germany. Until now, Europe has had a stronghold on the world solar market but Japan, China, USA and Australia are the major economies that are following Europe in the solar footsteps.
Solar Magazine | Malaysia Solar Energy Profile: A Global Solar Manufacturing ...Solar Magazine
Malaysia Solar Energy Profile discusses the current states of different solar market segments in Malaysia, restrictions on participation, impacts of the net energy metering (NEM) scheme on solar projects deployments, etc.
Solar Energy Installation Outlook US | Power Sector | Aranca Articles and Pub...Aranca
The total power generation capacity installations every year in the US has expanded significantly, led majorly by solar energy sources. PV installation capacity is expected to expand at a four-year CAGR of around 48% over 2013-16.
Welcome to the 21st edition of the international survey report on Trends in Photovoltaic (PV) Applications up to 2015, provided to you by the IEA PVPS Programme.
The “Trends Report” is one of our flagship publications and a worldwide reference regarding the global photovoltaic market development. The unique series of “Trends Reports” has covered the transition of PV technology from its early and expensive niche market developments in the 1990s to the recent large scale global deployment and increased competitiveness. In contrast to 2014, 2015 has seen an impressive growth and acceleration of the global market deployment with about 50,7 GW of additional installed capacity, 26,5% above 2014, of which about 40 GW were installed in IEA PVPS member countries (2014: 34 GW). As in 2014, China, Japan and the USA lead this important growth, accounting for 33 GW of installed capacity in these 3 countries alone. 8 countries have installed more than 1 GW while another 7 countries have markets above 300 MW. The globally installed total PV capacity is estimated at roughly 228 GW at the end of 2015. Although the price reduction for PV systems has continued its trend for a slower decline in 2015, this year (2016) shows evidence of a more rapid cost reduction, in parallel with a trend towards higher overcapacities in the industry. Concerning PV generation costs and more precisely recently contracted power purchase agreements (PPAs), new record values of below 3 USDcents/kWh have been announced, confirming what is achievable today under very good market and solar resource conditions. The other side of the coin is the observation that large parts of the global PV market (78%) are still driven by financial incentives, accompanied by an increasing share of selfconsumption or net-metering (15%) and about 6% of the market coming from competitive tenders.
Photovoltaic industry witnessing a paradigm shift Aranca
Photovoltaic industry witnessing a paradigm shift Find special reports on industries, latest innovations & technology trends, business analysis, intellectual property & patent industry & other knowledge reports created by Aranca, a global provider of outsourced research & analytics services firm & a trusted research partner for various global clients.
The concept of injecting photovoltaic power into the utility grid has earned widespread acceptance in these days of renewable energy generation & distribution. Grid-connected inverters have evolved significantly with high diversity. Efficiency, size, weight, reliability etc. have all improved significantly with the development of modern and innovative inverter configurations and these factors have influenced the cost of producing inverters. This paper presents a literature review of the recent technological developments and trends in the Grid-Connected Photovoltaic Systems (GCPVS). In countries with high penetration of Distributed Generation (DG) resources, GCPVS have been shown to cause unwanted stress on the electrical grid. A review of the existing and future standards that addresses the technical challenges associated with the growing number of GCPVS is presented. Maximum Power Point Tracking (MPPT), Solar Tracking (ST) and the use of transform-less inverters can all lead to high efficiency gains of Photovoltaic (PV) systems while ensuring minimal interference with the grid. Inverters that support ancillary services like reactive power control, frequency regulation and energy storage are critical for mitigating the challenges caused by the growing adoption of GCPVS. Anjali | Gourav Sharma"A Review on Grid-Connected PV System" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-4 , June 2017, URL: http://www.ijtsrd.com/papers/ijtsrd2195.pdf http://www.ijtsrd.com/engineering/electrical-engineering/2195/a-review-on-grid-connected-pv-system/anjali
In mid-2015, the Large-scale Renewable Energy Target (LRET) was reduced from 41,000 gigawatt-hours (GWh) to 33,000 GWh by 2020. The positive for the industry was that the amended legislation ended almost two years of uncertainty and frozen investment. The amendment also removed the provision for a review of the scheme every two years, locking in certainty for the rest of the decade. While 2015 was a tough year, it ended with much optimism. According to analysis by the Clean Energy Council and ROAM Consulting (now part of EY) , the revised target is expected to create more than $10 billion worth of investment and more than 6500 new jobs in large-scale renewable energy alone. Including the economic benefits from the small-scale scheme, the total benefit expected is $40.4 billion worth of investment and 15,200 jobs.
Keynote Interview: Texas as a U.S. Flagship for Energy TransitionNicole Green
Texas is the U.S. state that produces the most renewable energy in terms of sheer quantity. And one that also experiences some of the most extreme weather out of all the U.S. regions. This conversation will provide a unique perspective as to how ERCOT balances a regional energy system that counts on some of the highest renewable penetration rates with reliability and resilience in a very congested transmission network throughout its most challenging season, reflecting on Summer 2018 data.
Slide presentation from ISO New England CEO Gordon van Welie on the role of natural gas and pipelines for that gas and their importance to the electricity market in New England.
Intervenant: Henri Herkelmann
thèmes: UK Government Policy Electricity Market Reform, EDF Energy’s Projects
Présentation lors d’une table ronde sur les perspectives de plusieurs pays à la convention SFEN du 4 avril 2013.
Net metering, or net energy metering (NEM), is a billing system that credits small customers at the full retail electric price for any excess electricity they generate and sell to their local electric company via the grid from on-site small sources such as residential rooftop solar arrays.
Remarks by ISO New England CEO Gordon van Welie on the role of natural gas and pipelines for that gas and their importance to the electricity market in New England.
System price on electricity DAM market of Nord Pool during 7 - 13 Feb 2022 stood at average of 79,5 (-21,2% to 31 Jan - 6 Feb 2022 at 100,9 EUR MWh). OTE Market DAM price - 163,2 EUR during 7 - 13 Feb 2022 (-4% to 31 Jan - 6 Feb 2022 at 169,7 EUR). Ukraine’s OREE DAM IES price stood at average 60,7 EUR MWh during 7 - 13 Feb 2022 (-4,5% to 63,59 during 31 Jan - 6 Feb 2022).
Japan has been involved in solar power development since the early 1990s when the country installed its first solar power plant. It has already become one of the top countries for total solar Photo Voltaic (PV) panels installed and its companies are leading manufacturers of PV solar panels. Comparing to the installed generation capacity of Solar PV panels all over the world, Japan stands at the third position after Italy and Germany. Until now, Europe has had a stronghold on the world solar market but Japan, China, USA and Australia are the major economies that are following Europe in the solar footsteps.
Solar Magazine | Malaysia Solar Energy Profile: A Global Solar Manufacturing ...Solar Magazine
Malaysia Solar Energy Profile discusses the current states of different solar market segments in Malaysia, restrictions on participation, impacts of the net energy metering (NEM) scheme on solar projects deployments, etc.
Solar Energy Installation Outlook US | Power Sector | Aranca Articles and Pub...Aranca
The total power generation capacity installations every year in the US has expanded significantly, led majorly by solar energy sources. PV installation capacity is expected to expand at a four-year CAGR of around 48% over 2013-16.
Welcome to the 21st edition of the international survey report on Trends in Photovoltaic (PV) Applications up to 2015, provided to you by the IEA PVPS Programme.
The “Trends Report” is one of our flagship publications and a worldwide reference regarding the global photovoltaic market development. The unique series of “Trends Reports” has covered the transition of PV technology from its early and expensive niche market developments in the 1990s to the recent large scale global deployment and increased competitiveness. In contrast to 2014, 2015 has seen an impressive growth and acceleration of the global market deployment with about 50,7 GW of additional installed capacity, 26,5% above 2014, of which about 40 GW were installed in IEA PVPS member countries (2014: 34 GW). As in 2014, China, Japan and the USA lead this important growth, accounting for 33 GW of installed capacity in these 3 countries alone. 8 countries have installed more than 1 GW while another 7 countries have markets above 300 MW. The globally installed total PV capacity is estimated at roughly 228 GW at the end of 2015. Although the price reduction for PV systems has continued its trend for a slower decline in 2015, this year (2016) shows evidence of a more rapid cost reduction, in parallel with a trend towards higher overcapacities in the industry. Concerning PV generation costs and more precisely recently contracted power purchase agreements (PPAs), new record values of below 3 USDcents/kWh have been announced, confirming what is achievable today under very good market and solar resource conditions. The other side of the coin is the observation that large parts of the global PV market (78%) are still driven by financial incentives, accompanied by an increasing share of selfconsumption or net-metering (15%) and about 6% of the market coming from competitive tenders.
Photovoltaic industry witnessing a paradigm shift Aranca
Photovoltaic industry witnessing a paradigm shift Find special reports on industries, latest innovations & technology trends, business analysis, intellectual property & patent industry & other knowledge reports created by Aranca, a global provider of outsourced research & analytics services firm & a trusted research partner for various global clients.
The concept of injecting photovoltaic power into the utility grid has earned widespread acceptance in these days of renewable energy generation & distribution. Grid-connected inverters have evolved significantly with high diversity. Efficiency, size, weight, reliability etc. have all improved significantly with the development of modern and innovative inverter configurations and these factors have influenced the cost of producing inverters. This paper presents a literature review of the recent technological developments and trends in the Grid-Connected Photovoltaic Systems (GCPVS). In countries with high penetration of Distributed Generation (DG) resources, GCPVS have been shown to cause unwanted stress on the electrical grid. A review of the existing and future standards that addresses the technical challenges associated with the growing number of GCPVS is presented. Maximum Power Point Tracking (MPPT), Solar Tracking (ST) and the use of transform-less inverters can all lead to high efficiency gains of Photovoltaic (PV) systems while ensuring minimal interference with the grid. Inverters that support ancillary services like reactive power control, frequency regulation and energy storage are critical for mitigating the challenges caused by the growing adoption of GCPVS. Anjali | Gourav Sharma"A Review on Grid-Connected PV System" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-4 , June 2017, URL: http://www.ijtsrd.com/papers/ijtsrd2195.pdf http://www.ijtsrd.com/engineering/electrical-engineering/2195/a-review-on-grid-connected-pv-system/anjali
In mid-2015, the Large-scale Renewable Energy Target (LRET) was reduced from 41,000 gigawatt-hours (GWh) to 33,000 GWh by 2020. The positive for the industry was that the amended legislation ended almost two years of uncertainty and frozen investment. The amendment also removed the provision for a review of the scheme every two years, locking in certainty for the rest of the decade. While 2015 was a tough year, it ended with much optimism. According to analysis by the Clean Energy Council and ROAM Consulting (now part of EY) , the revised target is expected to create more than $10 billion worth of investment and more than 6500 new jobs in large-scale renewable energy alone. Including the economic benefits from the small-scale scheme, the total benefit expected is $40.4 billion worth of investment and 15,200 jobs.
Design a Highly Efficient Push-Pull converter for Photovoltaic ApplicationsEklavya Sharma
Design a schematic to extract maximum obtainable solar power from a PV module and use the energy for a DC application. This project investigates in detail the concept of Maximum Power Point Tracking (MPPT) which significantly increases the efficiency of the solar photovoltaic system.
Solar photovoltaic (PV) systems generate electricity with no marginal costs or emissions. As a result, PV output is almost always prioritized over other fuel sources and delivered to the electric grid. At increasing levels of PV penetration situations arise where PV is curtailed, either because of local supply/demand imbalances or to maintain system flexibility. In this paper, we present a novel synthesis of recent curtailment in four key countries: Chile, China, Germany, and the United States. We find that about 6.5 million MWh of PV output was curtailed in these countries in 2018. We find that PV curtailment peaks in the spring and fall, when PV output is relatively high but electricity demand is relatively low. Similar to the case of wind, some PV curtailment is attributable to limited transmission capacity connecting sparsely populated solar-heavy regions to load centers.
Grid policies generally seek to minimize curtailment because it is viewed as an economic and environmental loss. However, changing grid and technological contexts warrant new thinking on PV curtailment. In the grid context, as grids integrate more PV and other renewable energy generation, seeking an optimal level of accepted curtailment becomes more efficient than preventing it. In the technological context, emerging technologies such as advanced inverters and low-cost battery storage are making PV systems more flexible. With flexible PV, grid operators can use withheld PV output to provide various non-generation grid services. This withheld PV output is a form of curtailment under prevailing definitions of the term. Hence, policies that aim to minimize curtailment may undercut the ability of grid operators to fully use the emerging capabilities of flexible PV systems. As a result, we propose a more exclusive definition of curtailment as unused PV output rather than the more expansive conventional definition as any reduction in system output from its technical potential.
Investment confidence in Australia’s renewable energy sector has significantly improved following the legislation of the revised Large-scale Renewable Energy Target (LRET) in mid-
2015, a new Prime Minister that is more supportive of renewable energy and a strong outcome at the Paris climate change conference. The level and pace of investment will need to increase substantially in 2016 and 2017 in order
for liable parties to deliver on the 2020 legislated target and obligation. The Clean Energy
Regulator estimates that for this to happen, around 3000 MW of new renewable capacity should
be committed in 2016.
This paper outlines the status of progress towards delivering on the 2020 target of 33,000 GWh
of new large-scale renewable energy generation. While there will be challenges, this paper finds
that there is reason to be optimistic that the required new investment will be delivered within the
required timeframe.
Auroville has been active in renewable energy generation since the early years, starting with windmills for water pumping and stand-alone solar PV systems with battery banks. In 2012 Auroville pioneered rooftop grid-connected solar energy by proposing to the Tamil Nadu Government that pilot projects may be undertaken in Auroville with grid-connectivity.
A new report just issued by the New England Coalition for Affordable Energy says New England is at a much greater risk for higher energy costs in the short-term because of lack of new pipelines.
Issuance of Ministry of Energy and Mineral Resources Regulation No. 2 of 2024...AHRP Law Firm
Solar power is one of the key components of achieving zero emissions, as it is a renewable energy source that generates electricity without producing greenhouse gas emissions during operation. Accordingly, the Indonesian Government adjusted and amended the prevailing regulation to improve the development of rooftop solar power utilization that is suitable for the current circumstances through MoEMR Reg. No. 2/2024. Find out more our insights about this topic in our Legal Brief publication.
Brief information about Turkish energy industry by 2016 including electricity generation and demand, pipelines, main companies and institutions and also market outlook
1. Renewables Series:Solar Photovoltaic Systems
From windturbinestosolarpanels,the UK’sinterestinrenewable energysourcesisincreasing and
PV systemsare fast ontheirway to becomingamainstreamsource of electricity.Despite
Governmentchangestolimitthe costof spendingonrenewables,e.g.byreducingsolarsubsidiesfor
homeownersandsmall businessesasof January2016, the numberof solar installations continuesto
grow.Accordingto DECC, 'As of the endof February2016, overall UK solar PV capacity stoodat
9,213 MW across 867,876 installations.Thisisanincrease of 62% (3,526 MW) comparedto February
2015.’
But what is a PV system?
A solarPV or Photovoltaicsystemisasystemwhereby solarpanels (ortiles)are installed togenerate
a useable energysupplyforaresidential propertyorcommercial unit. Despite itsincreasein
popularityamongsthomeowners, PV systems still onlyaccountfora small percentage of the energy
generatedinthe UK today,whichcouldbe due to a numberof factors – the price of purchase and
installation,the pay-backperiod,orevenjustthe upheaval of havinganew systeminstalled.
However,the UKis boundbyan EU directive toproduce 15% of its energyviarenewable sourcesby
2020 so, inrecentyears,Governmenthasintroducedincentive schemessuchasFeed-InTariffsto
increase interestinrenewable technologies –althoughthese tariffshave sincebeensubjecttocuts
(as seeninthe table below).
So how do solar PV systems work?
A residential PV systemproducesenergyviathe photo-electriceffectandcomprisesanumberof
componentsincluding:
Solar panels(or a ‘PV array’, oftenbuilding-mounted) orsometimestiles
Solarpanelscontaina numberof semi-conductingcells,usuallymade fromsilicon,which
convertsolarenergyfromthe sun intoa flow of electronsand,therefore,anelectriccurrent.
Solar inverter
An inverterconverts the directcurrent(DC) outputof asolar panel toalternatingcurrent
(AC) whichcan be usedto powerthe property,orcan be sentbackto the grid.
0
5
10
15
20
25
P1
2012
P2
2012
P3
2012
P4
2013
P5
2013
P6
2014
P7
2014
P8
2015
P9
2015
Q1
2016
pence/KWh
Feed-In Tariff (Payment Rates)
2. The efficiencyof aPV systemisdependentona numberof variablesincluding location, panel
orientationand,of course,weatherconditions.Take,forinstance,the heatmapbelow detailingthe
solarpotential of the UK. Asyoucan see,the furthersouthyouare,the higherthe densityof solar
radiation whichmakes fora more efficientPV system.
It isimportantas well tonote that solar panelsworkbestwhenfacingdue southtoensure theyare
exposedtothe lightforthe longestperiodof time.Althoughitisnotessentialforpanelstobe
orientedinthisway(yourroof maynot be orientedassuch),the efficiencyof the systemwill
obviouslysufferif the panelsare frequentlyleftinthe shade (e.g.if yourpropertyissurroundedby
tall treesor buildings. Furthermore,asyoumightexpect,changeable weatherconditionsinthe UK
can make it difficulttopredictthe energyoutputof a PV system;however, ithasbeenarguedthat
the highwindspeedsinthe UK can helptocool downa PV system, thusincreasingitsefficiency.
Figuresand trends
In 2012 itbecame mandatoryfor an EnergyPerformance Certificate (EPC)tobe issued onorbefore
the commissionof aPV installation.Thiscanbe seenbythe dramatic increase inPV systems
recordedin2012 (inthe graph below). A recentstudyof EPCsundertakenbymembersof the NHER
AccreditationScheme showsthat,afteradip in2013, PV installationshave increased inresidential
propertiesand only time willtell if thistrendwill continue into2016.
3. In addition,the graphshowsapeak in 2015 with3.6% of EPCsfor residential properties recording
the presence of a PV system;anincrease thatwas likelydrivenbycontroversial Governmentplansto
cut solarsubsidiesfromJanuary2016. Whenthese cutswere firstproposed,manybelievedthey
would‘kill off’the renewablesmarket, butcurrentfiguressuggestthatthe industryisstill very much
alive.Thiscomesdespitea‘pause’tothe Feed-InTariff Scheme from15th
January – 7th
February
2016. It isimportantto stress,however,that,assolarpanelsare becomingmore popular, PV
systemsare comingdowninprice.For instance, asolarPV systemthatcost £10,000 in 2012 might
onlycost £5,000 today.
To put thisintoperspective,we have puttogetherapaybackmodel showingyouthe paybackperiod
of a standard4kW systeminstalledonasouthfacingroof at a cost of £5,000 (thistakesthe new
Feed-InTariff ratesintoaccount):
As youcan see,the cost of the systemisrecoupedin9 yearsand2 months – afterthis,the money
broughtin bythe Feed-InTariff isyourstokeep andcan go a longwaytowardsyour yearlybill.In
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
2008 2009 2010 2011 2012 2013 2014 2015 2016
Percentage of NHER EPCs showing a PV system installed
4. thiscase,the netbenefitinpoundsover20yearsis £8,093. Inadditiontothisextraincome, itis
importantto rememberthatrenewable systemslike thisare agreat wayof cuttingyourcarbon
footprint. Infact,overa 20 yearperiod,thisPV systemsaves34 tonnesof carbondioxide.
What are the benefits ofsolar PV?
Environmentallyfriendly
SolarPV systemsprovide awayof harvestingenergythatisfreelyavailable,without
producingharmful emissions.So,if you’re consciousof savingthe planet,installingsolarPV
isa greatway to cut yourcarbon footprint.
Save moneyin the longterm
Solarpanelscan be expensive tobuyandinstall;however,once youhave paidoff the initial
set-upcosts,itis possible tomake greatsavingsonyourenergy billsinthe longterm.
Feed-InTariffs(FITs)
You couldbe eligibletotake part inthe UK government’sFeed-InTariff scheme.The scheme
paysyou forthe electricityyougenerate whetheryouuse ityourself orexportitback to the
national grid.Asof 14th
January2016, a new FIT scheme wasputin place with lowertariffs.
Thiscame as a blowto bothhomeownersandinstallers;however,whilstthe initiative still
exists,anincentiveremains (albeitaless attractive one).
Please clickhere formore informationonFeed-InTariffs,orclickhere tolearnmore aboutsolar PV
systems.