The opportunity to invest your business capital in a scheme that offers guaranteed returns for a 20 year period linked against the Retail Price Index has shown to be a popular choice. The government led initiative offers quarterly payments from your electricity supplier for the energy you have generated. The scheme can also pay you to export electricity to the grid.
A 50kWp system installed on your business could earn you in excess of £6,500 a year in Feed In Tariff payments in addition to any electricity savings you will make through installing the system.
If you own more than 25 installations, you will receive the multi-installation tariff on those over the 25th. This is 90% of the standard generation tariff amount. If you don’t use all the energy your system generates, you’ll export the remainder back to the grid. For systems under 30kWp this is unmetered, so most electricity suppliers assume you use half the electricity you produce, and will pay you for exporting the rest at a rate of 4.5p per unit regardless of whether you have or have not exported it.
To find out more about how Solar Panels can benefit your business, contact us today.