Energy prices have risen drastically over the last few years, and are predicted to rise even higher over the next decade. Alongside this people are increasingly searching for an alternative to nuclear power, so they can power their homes in a more environmentally friendly way.
If you want to reduce your CO2 emissions, then solar PV panels can offer a realistic alternative to nuclear power to power your home or office. Due to the huge reduction in energy bills, having solar power already installed in your home can add 1% to the selling price of your home.
So what are the financial benefits of using solar power? Installation and purchasing are the only costs you'll incur to set up your solar power source. The panels themselves require very little upkeep. They can reduce your energy bills by a huge amount, by allowing you to generate your own power by harnessing the suns light and radiation.
Due to a newly introduced tariff in 2010, there are even bigger financial gains to be had from using solar power. The UK Feed-In Tariff gives solar power users in England, Scotland and Wales the chance to benefit financially from their generated energy. If you have solar PV panels installed in your building you can benefit from the tariff which pays you for the energy you generate, regardless of whether you use it all or sell it on to the utility companies. You will even be paid at a higher rate since solar power is more expensive to generate than nuclear power.
You will be paid 41.3p for every unit of energy you generate and use yourself, and 44.3p for every unit you don't use and sell back to the national grid. There is no better time to invest in solar power. You can reduce your household costs, help the environment, and even make money, whether you use all your generated power or not.
If you want to reduce your CO2 emissions, then solar PV panels can offer a realistic alternative to nuclear power to power your home or office. Due to the huge reduction in energy bills, having solar power already installed in your home can add 1% to the selling price of your home.
So what are the financial benefits of using solar power? Installation and purchasing are the only costs you'll incur to set up your solar power source. The panels themselves require very little upkeep. They can reduce your energy bills by a huge amount, by allowing you to generate your own power by harnessing the suns light and radiation.
Due to a newly introduced tariff in 2010, there are even bigger financial gains to be had from using solar power. The UK Feed-In Tariff gives solar power users in England, Scotland and Wales the chance to benefit financially from their generated energy. If you have solar PV panels installed in your building you can benefit from the tariff which pays you for the energy you generate, regardless of whether you use it all or sell it on to the utility companies. You will even be paid at a higher rate since solar power is more expensive to generate than nuclear power.
You will be paid 41.3p for every unit of energy you generate and use yourself, and 44.3p for every unit you don't use and sell back to the national grid. There is no better time to invest in solar power. You can reduce your household costs, help the environment, and even make money, whether you use all your generated power or not.
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