Feed-in tariffs have started! Be green, cut your bills and get paid for having solar energy. Join now and get 400% return. Join later and get 0%.
The basics: The government's feed-in tariffs (FiT) are an encouragement for people to switch to renewable technologies in their property, helping to lessen its carbon footprint and meet the 2020 emissions targets. The scheme will pay you for every unit of electricity you generate with Solar PV, whether it's used in the property or not.
The figures: This means that you could generate an annual income from your installation of up to 10% yield of your investment level for the entire 25 year life of the Tariff scheme. Compare this to the average 1% interest rate on a bank account, putting your money in solar is proving a more profitable and safer investment thank banks.