Feed In Tariff (FITS) for Onsite Electricity Generation - Selling your Excess Solar and Heat Sourced Energy Back to the Grid

Solar PV (electric) 21p/kWh fixed for 25 years

This payment is just for generating the electricity on site from renewable sources, if the electricity is consumed on site, for instance by a heat pump then this is effectively free to you.

If however if you generate surplus electricity it can be sold back to the grid for between 5 and 10p/kWh. We have worked out that a well placed and sized system could pay for its self in 9/10 years with quality panels coming with a 25 year guarantee. This could provide a tax free income of between £500 and £3000 per year depending on system size and inclination and orientation to south.

Renewable Heat Incentive (RHI) for Onsite Heat Generation

The suggested figures for onsite heat generation are as follows;

• Ground Source Heat Pumps, 7p/kWh fixed for 23 years
• Air Source Heat Pump, 7.5p/kWh fixed for 18 years.
• Solar Thermal, 18p/kWh fixed for 20 years

What Do the Renewable Heat Incentive (RHI) Figures Mean?

It means that for heat pump installation, every kilowatt-hour of heat your property requires you will receive either 7p to 7.5p. For an average 3 bedroom semi using a heat pump this could mean around £1000 per year and for a detached 5 bed house around £2000 per year. This is a significant subsidy which will make the return on investment period even shorter when installing renewable technologies. This is proposed to come into force in 2012.

Please take a look at our testimonials and case studies from both domestic and commercial clients and if you would like to talk to us please do not hesitate to email us at Revolution Power or contact us by telephone on 01325 320 910.