Friday, August 5, 2011
As you may know, the UK coalition government is cutting the generous Feed-In Tariff rates with effect from the 31st March 2011. This is the latest in a long line of cuts and modifications to services in order to help get the country back on its feet as it recovers from the effects of the global recession.
This is why it’s really important to get your solar panels installed as soon as you can in order to still be able to benefit from the current rates before they are reduced.
First of all, what is the Feed-In Tariff Scheme?
The Feed-In Tariff Scheme was brought in by the soon-to-be-ousted Labour government in April 2011. What it does is make sure that people that generate their own solar energy get rewarded financially. Eligible installations net cash payments for the surplus energy generated by solar panels which is sold back to the National Grid.
If you also consider that solar panels could increase the value of your home and give you excellent savings on your electricity bills, getting a solar PV installation is very financially sound.
What cuts are being made?
No one knows as of yet. With things like this however, it is safe to assume that the cuts will be significant.
When do the cuts to the Feed-In Tariff come into effect?
As said, the cuts come into effect on the 31st March 2011. You can find an excellent real time countdown at http://www.tecg.co.uk.
What should I do?
Contact The Energy Conservation Group now for a quote. The Energy Conservation Group is unrivalled with regards to both the quality and cost effectiveness of their installations and their exemplary customer service.
They have thousands of installations to their name and thousands of happy customers all over the UK.
Contact them now by going to http://www.tecg.co.uk.