Northampton Solar Power from Grosvenor Energy Co
Solar Installation - Solar Investment - Solar Future
The Investment
The primary income from a PV (photovoltaic) solar system is the Feed in Tariff (FIT) payment from the generated Kilowatts (Kw).
The Kws belong to the owner of the PV solar system who has the choice of either using them or leaving them in the Grid in exchange for a current payment of 3.1p per Kw.
The Kws generated can currently be used in the home during the day to power domestic appliances eg washing machines, tumble dryers, dish washers, fridges, freezers, kettles, computers etc. As this is electricity generated from the PV system it is FREE to use, eliminating the need to take electricity from the energy supplier. This means bills will be reduced accordingly.
The income from the FITs and Grid will increase every year with inflation and the saving on energy bills will go up as costs increase. Everyone who invested in Building Societies and ISAs over the past few years has seen a drop in the real value of their savings because interest rates have been so low. Energy costs have continued to rise substantially year on year as has the cost of living and, we are told, this is going to continue for the foreseeable future. OFGEM (Office of the Gas and Electricity Markets) in 2010 warned that a £1000 annual energy bill would likely rise to £5000 by 2020 because of the need to build new Power Stations to replace those being de-commissioned. Investing in a PV system NOW, is the only simple, guaranteed way of combating these problems. DON'T MISS OUT - From 1st April 2012 all properties needs to be Efficiency C Graded to quality for FITs - Contact us today to make sure you get your installation before 31st March 2012! |
BEFORE 1ST APRIL 2012 Total revenue in year one would be £ 1458.75 AFTER 1ST APRIL 2012 Total revenue in year one would be £ 812.25 |
Investments in ISAs or Building Societies can be cashed at any time but research has shown that this is rarely done for at least six years. When they are cashed in even the small amount of interest payments stop and there is no residual value.
The average break even or payback time on PV systems recommended by Grosvenor Energy Co is six to seven years.
When the investment has been repaid in full, the income CONTINUES and INCREASES every year and there is still a RESIDUAL VALUE.