Why Are People Really Turning On To Solar Energy?

Is it because of environmental concerns?

Is it because of environmental concerns?

Is it because of the never ending energy price rises?

Overwhelmingly, our customers have told us that while these are important considerations, the single most important reason is the incredible government backed financial incentive called the Feed in Tariff. The incentive doesnt just make the average household around 1,000 better off every year. It delivers a tax free return on investment of 8 10%. Its index linked and guaranteed by the government for 25 years. Some customers describe it as a no brainer because in todays economic climate its an extraordinary offer. If your bank offered to pay you even the conservative 8%, how much would you invest?

The Sunday Times is even more optimistic when it says Given that the income is tax-free, the return on investment is equivalent to 12.9% for a 50% taxpayer and 10.3% for a 40% taxpayer, with the investment recouped in as little as seven years.

While the Independent says The Government has confirmed that tariffs will be paid for up to 25 years, and, as the tariffs are linked to inflation, the real rate of return could end up as high as 10 per cent.

If you prefer the straight talking Martin Lewis, he says The Governments promised that the feed-in tariff payment for solar panels will run for 25 years and will rise with inflation. Its also tax-free. So for a c.12,000 outlay, you get back 23,000 that's 11,000 profit.

The environmental benefits are plain. The Energy Savings Trust says you can cut your carbon footprint with solar electricity as its a green, renewable energy and doesn't release any harmful carbon dioxide (CO2) or other pollutants. A typical home system could save around 1 tonne of CO2 per year.

We all know that energy prices continue to increase and according to the Office of National Statistics Forecasts 2010 to 2014, Electricity prices will increase 7% per annum plus 3% inflation, during the next few years

More and more UK homeowners are choosing solar panels for their home. The Feed in Tariff is seen by many as a government grant, its that attractive. Of course our customers want to save money off their energy bills, but theyre also looking to the future. They care about the environment and where they can invest their hard earned savings. With the financial markets at an all time low, the UK Feed in Tariff has presented them with the ideal answer: photovoltaic solar energy.

by: Reflect Energy

POST COMMENT

Alpha Networker 2.0 Review - The Prestigious New Launch By Magnetic Sponsoring Solar Powered Homes Built Yourself The Benefits of Renewable Energy Sources over Non- Renewable Fossil Fuels Elanora Australia Grows To Be A Leading Supplier Of Authentic New Age Wholesale Products New Report on "Clean and Efficient Technologies in China: Overview of Non-Renewable Resources 2010 Update" added in Vision Shopsters Ronald Flynn Revolutionizes Rp Waste Management Choosing a new television for a teenager Various Occupants Share Offices In Cheshire Which Is Very Appealing To New Businesses Grayboxx and the New Used Car Why Stevia is the NEW Natural Sweetener If The Most Recent Eb5 Extension Excited You, Consider Its New Permanent Status Shoes for that New bride Medical Waste Management Could Be Better