The Feed in Tariff (FiT’s) scheme guarantees a minimum payment for all electricity generated by the Solar PV system, as well as a separate payment for the electricity exported to grid. These payments are in addition to the bill savings made by using the electricity generated on-site.
Once you have a microgeneration technology installed you should experience a monthly reduction in your electricity bill and will also then receive an income from your Feed-in tariff provider.
If you have money in savings why not invest in Solar PV and sit back and watch as your investment realises a far better return on investment than any banks or building society’s can provide.
Contact us for our free cashback calculator to see how purchase price and loan can impact on payback times.
The scheme covers the following electricity-generating technologies, up to an installation size of 5 Mega Watts:
- Solar electricity (PV) (roof mounted or stand alone)
- Wind turbine (building mounted or free standing)
- Anaerobic digestion
- Micro combined heat and power (micro CHP) (limited to a pilot at this stage)
The different tariffs available and the process for receiving them vary, depending on when the technology was installed, and whether the system and the installer were certificated under the MCS scheme. AKD are MCS accredited (MCS NIC1361) and members of REAl so you can be assured of a quality installation by an MCS accredited installer who is installing MCS approved products.