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Three Important Things You Should Know About Solar Generated Electricity |
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1. You will be paid for ALL the electricity your system generates, even it's for your own |
The first Solar cell was produced by Charles Fritts an American inventor in 1883.
However the first real application came in the 1950s, spurred on by the Space Race. |
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Solar PV roof panels are laid in a grid pattern to capture the optimum amount of daylight. The panels absorb PHOTONS taken from light and convert them into electricity. The brighter the weather the better the performance. As long as there is sunlight then electricity will be generated, even on cloudy
or overcast days. |
Imagine your electricity company informed you that this quarter they were paying back to YOU the
sum of £379.21.
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The above figures were taken from an actual e-on statement (Sept - Nov 2010), for a south
facing bungalow with a 4 Kilowatt installation (Copies of statement available upon request).
The example above is NOT exceptional and allows for Tax Free payback/savings in the region of £1665 per annum. |
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Even without Government R.P.I. indexing, the initial investment will be paid back within 8-10 years. Thereafter the payback/savings will be your own Tax Free profit, Yes! A Tax-Free, index linked return of 8-10%. No wonder they're smiling. |
Your Tax Free Income guaranteed
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Any surplus energy, not used by the producer will be fed back into the National Grid, resulting
in additional, guaranteed payments to the producer. (e.g YOU) In addition, a good proportion
of the electricity that you use will be self-generated, and THAT energy is free. So the more of YOUR
own electricity you use - the lower your quarterly bills will be.
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| The net worth of these savings and payments equates to a Tax Free yield of 8%-10%, and those figures do not include the extra savings that will be made if (or when) energy prices increase throughout the next 25 years. |
Panels, Inverter and Installation Guaranteed
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Well here is my advice. |
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THE INSTALLATION COMPANY The work carried out on your property is only as good as the people you employ. Mr Dereck's advice, above, is equally relevant; beware of 'here today-gone tomorrow' enterprises. Look for a company that has a proven track record, with guarantees that really mean something, and a customer-first ethos. We'd like to think that Meridian fits the bill, after all we are now in our third generation. We guarantee ALL our work and have never side-stepped a guarantee in over 30 years. |
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The REAL Assurance Scheme aims to guarantee a high quality experience for consumers wishing to install generation units for their home, or business. REAL membership is a sign that the supplier has agreed to abide by the high standards as set out in our Consumer Code, including the DEPOSIT and ADVANCE payment Insurance, specifically designed to protect all payments that you make. |
KYOCERA PV panels, as installed by Meridian - BTS. Undergoing extended tests in Australia and delivering more Kilowatt Hours than any other panel. The DKA Solar Centre is a government funded public showcase of solar installations, demonstrating a range of solar power technologies from many of the world's leading manufacturers. |
This collection of solar installations operating under the same environmental conditions since October 2008 allows meaningful comparisons of performance among various brands, with output data available to anyone. Kyocera's data collected during a 24 month period and downloaded from DKA shows that Kyocera solar technology delivered more kilowatt hours than any other solar module operating for the same 24 month period at the DKA site. www.dkasolarcentre.com.au Meridian - BTS uses only the highest quality KYOCERA panels which are performance guaranteed for 20 years |