Solar Spectrum Ltd

Solar Panel PV Installations

Call: 01689 885048

Select the property type
below where you would
like to install Solar PV

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The Benefits

At last the government are giving us a guarantee to make money for the next 20 years which makes a pleasant change after VAT increases, the rise in fuel and the general cost of living.

At the moment savings are even struggling to keep up with inflation. People wanting to invest feel they have fewer if any safe options.

In April 2010 the Government introduced a Feed-in Tariff (FiT scheme) to provide a financial incentive for all of us to generate our own electricity with the installation of Photovoltaic (PV) Solar Panels. This allows us to earn and save money, whilst reducing the UK’s carbon footprint.

Under the FiT scheme all Property owners will be paid to generate their own electricity.
These earnings and savings can be achieved in a number of ways:

  • You will be paid for the electricity you generate from your PV installation (regardless of whether you use this electricity or not).

  • You will make savings by using the electricity you generate (therefore not having to buy the electricity you have consumed from an energy provider).

  • You will be paid again for the electricity you don’t use by exporting (selling) the excess electricity you generate back into the national grid.

  • The cost of energy is increasing, and this means every year you’ll be saving more on your bills. Also, the export Earnings that you will be paid (the electricity you sell back to your energy supplier) currently 4.64 pence per unit, is also likely to rise in the future. As competing energy suppliers offer you a higher payment incentive for the electricity you generate, and to become one of their customers.

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  • These payments give you an excellent return on investment (ROI) as current rates on savings accounts are being dwarfed by the returns on investment via solar energy.

  • These payments are Tax free and linked to RPI (Retail Price Index) guaranteed for 20 years from the date of installation. This rate will rise throughout this period to keep in line with the cost of living, and it cannot be reduced.

  • If you install low energy lighting and equipment you will move closer to generating most of the electricity you need. The ultimate goal would be to drastically reduce your electricity bill.

  • There is widespread consensus that between now and 2020 substantial investment is needed in new power to prevent the energy gap widening between our capacity to generate electricity, and the amount we consume. As the energy gap widens the price of electricity increases. With a PV solar energy system installed you are securing yourself against the effects of escalating electricity prices.

  • As a Homeowner the VAT you’ll pay will only be 5 %, (a saving of 15% on VAT) and your solar energy system will start to pay you back on day ONE after your PV system completion. Solar PV systems will reduce your Carbon Footprint; and raise a property's Energy Performance rating.

  • As a Commercial Property owner businesses can claim Enhanced Capital Allowances (ECA) of 100% in the first year on qualifying energy-saving expenditure (meaning they can claim the whole cost against profits in that year). Reduce electricity expenditure from the electricity you generate from your PV Installation. Improve your company’s green credentials, as well as reducing your carbon footprint and creating an additional income stream.

  • As a Registered Charity you could benefit from tax breaks on an installed system. Reduce your expenditure on electricity. Reduce your carbon footprint, whilst simultaneously helping the UK reach its renewable energy targets as set by the EU.


Benefits of the PV System:
  • A Solar PV System is virtually maintenance free (unlike a boiler which requires regular servicing). PV is solid-state technology: so no moving parts to wear out, and no need for lubrication.

  • A Solar PV System is capable of generating electricity even in cloudy and cold conditions, because PV converts light straight into electricity via the photovoltaic effect.

Here at Solar Spectrum we can design and install the right system to make the most of your investment.

To find out the benefits you could receive from installing a solar energy system, please select your property type, Residential, Commercial or Other from the links on this page.