Feed in Tariff
Get FiT, nothing to do with sweaty gyms, an installed Solar PV system will receive a govenment backed income for all the electricity it generates, even if you use it! Presently 43.3p index linked guaranteed for 25 years. There is an additional payment for any electricity you don’t use. To top it all off, people installing systems will also benefit from reduced electricity bills as they’ll effectively become their own power producer and so won’t need to use as much from electricity suppliers.
There has never been a better time for you to install a Solar electric PV system. With the reduction in price of Solar PV panels, the feed in tariff is currently at it's highest rate and is index linked for 25 years. Reduce your carbon footprint, reduce your electricity bill and receive tax free money, almost too good to be true!!
You could be paid for every kilowatt hour (kWh) of electricity you generate from a renewable source - even if you use it.
Plus you'll also get paid extra for the electricity you don't use as it'll be fed into the Grid.
Feed-in Tariff means you could be paid for at least the next 25 years for the electricity you generate from solar electric photovoltaic (PV) panels, any payments are above the savings you'll make by not having to buy all your electricity from your supplier.