Solar Photovoltaics

Not only can you provide energy for your home but solar photovoltaics (PV) are rapidly becoming one of the most secure financial investments you can make with an approximate return of 9% per annum.

As of the 1st of April 2010 people who install solar PV with an MCS accredited installer will be entitled to a payment of 41.3p per Kwh generated. Not only this, but any electricity you use within your home you will not need to buy with a current average price of 12.9p per Kwh. Also you will be paid 3p per Kwh for 50% of your systems generation per annum.

For example a 2.1Kw system can produce the following:

Annual electricity output:

Annual cost saving:

Annual carbon benefit:

1751kWh

£862

0.99t CO2

For further information on income/savings that can be acheived please goto the Energy Saving Trust cashback calculator here.

For more information on how solar PV actually works, click here.