Brighton residents in danger of missing the best solar opportunity
‘‘Brighton residents have less than two months to benefit from generous Government solar subsidies’’, says Kevin Power, director of Brighton solar company Kraft Renewable Energy.
On August 1st 2012, the Government’s Solar Feed in Tariff will decrease by 25%, from 21p to 16p per kWh unit. The length of period that the subsidy will be paid will also reduce from 25 to 20 years. On the positive side the export tariff (paid to residents by Energy providers for 50% of the electricity they create) will rise from 3.2p to 4.5p per kWh unit.
By installing solar panels before 1st August, Brighton residents could benefit from an additional £5,000 in savings.
Below we explain the two different scenarios before and after the Solar Feed in Tariff changes on 1st August 2012.
Solar Installation before 1st August 2012
If home owners install solar before the 1st August, Kraft Renewable Energy estimates the current Feed in Tariff can generate an income of £16,115 over 25 years, index linked for inflation. On top of that customers could save up to £4,646 through cutting their electricity bills, more as prices increase, which is very likely. Using an example solar installation cost of £8,500, residents could make back over £20,000.
Solar Installation after 1st August 2012
If home owners install solar after August 1st, Kraft Renewable Energy estimates the revised Feed in Tariff will generate an income of £11,085 over 20 years, index linked for inflation. On top of that customers could save up to £3,948 via cutting their electricity bills. Using again the example solar installation cost of £8,500, residents could make back over £15,033.
Kevin advises Brighton residents to get in touch as soon as possible to discuss Solar further. Kraft Renewable Energy provides a complete solar installation service starting with a free solar suitability survey. They promise to give customers a straight forward, honest appraisal on the solar potential for their home. They can also conduct a detailed Energy Efficiency Survey including an Energy Performance Certificate (EPC). This is free of charge for any homeowner who decides to install solar with Kraft Renewable Energy.
Residents can also see a solar installation in practise at Kraft Renewable Energy’s Brighton Solar showroom.
More information on the Solar Feed in Tariff changes and Kraft Renewable Energy is available at: http://www.kraftrenewableenergy.com/kevins-power/
Contact Kevin on 0800 298 0259, at [email protected] or visit the showroom at: Kraft Renewable Energy, 72 Warren Road, Woodingdean, Brighton, BN2 6BA