One of the most exciting features and attractions that make buying into Lancashire solar panels so enticing is the fact that you can actually generate an income from solar panels as well as save on your electricity bills.
It's a double incentive really and little wonder that even UK TV celebrities such as Kate Humble and Denise Welch have embraced the power of solar and are now reaping the benefits.
Tell you more?
Why certainly.
It all starts with the Feed-In Tariff, a government initiative to get the public interested in Lancashire solar and elsewhere up and down the nation to help encourage them to take that interest further and install panels at the homes and businesses.
The Feed-In Tariff is a tax-free, inflation-linked subsidy paid to homeowners and businesses for generating their own electricity and was set up by the government to encourage more UK consumers to adopt sustainable ways of generating energy, as part of ongoing efforts to reduce carbon emissions and secure future energy supplies.
Currently, homeowners and businesses receive 16p for every unit of energy their Lancashire solar panels produce - whether they use it themselves to power their home, or sell it back to the national grid. An additional 4.5p per unit is paid out for every unit exported back to the grid.
Once your solar panel system has been installed and registered, your feed-in tariff rate is "locked in" for 20 years and will increase in line with inflation so you will always enjoy the same great tax-free income you have signed up to.
From July 2012, homes will be required to produce an Energy Performance Certificate (EPC) of level D to claim the higher rate of feed-in tariff.
As mentioned earlier, the Feed-In-Tariff was designed to get people interested in installing solar at the properties but obviously many people will think it all sounds too good to be true.
That's why you will find the best solar panel firms in Lancashire will be able to give you the exact facts and figures on how much income your panels could generate.
As part of their complete customer service, these top companies will conduct an EPC assessment and advise accordingly in the unlikely event your home does not meet level D efficiency.
Author Resource:
Another important aspect of the Feed-In-Tariff to bear in mind is the fact that you must use a Lancashire Solar Panels company fully approved by the Microgeneration Certification Scheme (MCS) to be eligible for the Feed-In Tariff. So make sure you check, just like Kate Humble and Denise Welch did. - http://www.solarlec.com/home_survey_request
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