Future Energy Solutions | Future Energy Solutions supply and fit solar energy systems to your homes

How would you like an income over over £1,000 a year for the next 25 years just from your roof? Sound too good to be true?

That’s how much money you could make – for an initial investment; if you install solar panels on your roof to generate electricity for yourself and for the national grid.

What is the scheme all about?

Solar panels could make you money through the Government’s Feed-in Tariff (Fit) scheme – it’s also known as ‘Clean Energy Cash back’. The Labour Government brought it in in April 2010 to encourage us to produce more clean energy for ourselves and for the national grid. It’s part of the UK’s target to generate 15% of energy from renewable sources by 2020. If you’ve got a roof, you could be in business.

The scheme promises to reward you if you have photovoltaic solar panels (solar PV) installed on your roof. If you go for it, you’ll benefit in three ways:

You will get paid what is called the ‘feed in tariff’, which is a direct payment from your energy supplier for each unit of electricity you generate. This starts at 41.3p per kilowatt/hour (kWh), and this amount will increase in line with the rate of inflation for the next 25 years.
You will also get what is called the ‘export tariff’, which is a payment made for energy you send back to the electricity grid, as opposed to electricity you use yourself. This pays you an extra 3p per kWh.
You make savings on your electricity bills as you no longer need to buy all your electricity from an external supplier.

So, you will save money on your electricity usage (which will become ever-more helpful as the price of electricity is set to go up exponentially over the next 25 years) and you could make money from producing solar energy to sell back to the national grid.

What are the benefits?

Aside from the environmental benefits – a reduction in your CO2 emissions while promoting renewable energy sources – there are big financial rewards up for grabs. Not only do you save money on your energy bill but you will benefit from an annual income for the next 25 years – an income that has been protected by statute. The amount you could get each year is not guaranteed but it’s highly likely to be at least £1,000 a year for most of the 12.3 million households that could be suitable for the panels.

Importantly (and even better for your pocket) your income from this system is exempt from income tax. This makes the scheme particularly attractive to those paying higher rate tax and those paying none. It means that you get to keep the full amount each year – earning you money for doing nothing! The returns are index-linked (i.e. they go up with inflation) and they could add a substantial amount to your retirement income, particularly if you have not put enough away into a pension or other investment.

In fact, the boffin's at British Gas have worked out that to get the same return with a bond investment, a 40% tax payer would have to get an annual interest rate of 14.83% (compared to the income generated from the largest type of panels).

Providing Solar energy solutions all over the South of England; Southampton, Portsmouth, Bishops Waltham, Wickham, Botley, Waterlooville, Petersfield, Shedfield and much more.