More than enough sunlight falls over the UK to generate substantial amounts of renewable energy.
The UK is not ‘too dark’ for Solar PV energy. The UK has similar solar conditions to Germany, which is now by far the largest global Solar PV market. More than enough sunlight falls on the UK to generate substantial amounts of energy. At WIRSOL, our research shows that Solar PV will be one of the key drivers in meeting the UK Government’s commitment and EU target – that 20 percent of all our nation’s electricity must come from renewable sources, by 2020. In Britain, there is some catching up to do.
Feed-in Tariffs (FiT’s) are index-linked payments, paid to the owner of the Solar PV installation by the premises’ existing electricity supplier. Revenue comes from every kilowatt/hour unit (kWh) of electricity generated by the Solar PV system. Whether the electricity generated is used at that source, or is ‘exported’, the generation payment is made. The revenue generated from the FiT payments, depends upon the scale of the system installed. Some examples of the different rates are shown here:
This was why the Government introduced the Feed-in Tariff scheme for Solar PV in April 2010, known as the FiT scheme.
Scale of system
Type of installation
≤ 4kWp ≤ 4kWp > 4 –10kWp > 10 –100kWp > 100kWp – 5 MWp
Domestic (retrofit) Domestic (new build) Small commercial Large commercial Very large commercial
41.3 pence 36.1 pence 36.1 pence 31.4 pence 29.3 pence
25 years 25 years 25 years 25 years 25 years
* Rates are correct for the period from April 2010 to 31 March 2012.
Electricity generated excess to those premises’ needs can be ‘exported’ to the national grid, at a present Government fixed rate of 3 pence per unit, paid in addition to the ‘FiT’ Solar PV generation payments. These index-linked payments are guaranteed for 25 years.
Wirsol Solar UK sales brochure