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UK’s Renewable Energy Tariff a money spinner for homeowners

(UK) Making the most of the Renewable Energy Tariff’s – Better Generation, 5 July 2010, “……. how the average household could stand to gain in excess of £2000 through the latest renewable energy tariff schemes.
eed-in tariff (FiT) and the Renewable Heat Incentive (RHI) are designed to provide a guaranteed annual return, free from income tax, of 8% on investment. The Renewable Heat Incentive (RHI) is actually due to go live in April 2011 but any system installed between now and then will be eligible.The scheme has gathered wide cross-party support in UK government, with plans to double the maximum generation limit to 10MW and an overall aim of sourcing 8% of the UK’s energy through tariffs.

Ownergy’s guide highlights the benefits for UK property owners:

The average household will be £2,000+ better off a year through the renewable energy tariffs

1. The tariffs are for virtually everyone with a property – householders, businesses,landlords, schools, hospitals, entire communities, the list is endless…
2. The tariffs put you in control of your energy – you are free to manage your consumption and generation
3. By installing renewable energy systems and benefiting from the tariffs, you will make a significant contribution to environmental sustainability in the UK

Outside of the UK, a number of other European countries are quickly implementing and updating feed-in tariff policy with the German system serving as the lead model.

Making the most of the Renewable Energy Tariff’s – Better Generation

July 6, 2010 - Posted by Christina Macpherson | renewable, UK | climate change, energy efficiency, renewable energy, renewables, solar, wind