Domestic Money Facts

What is the Feed-in Tariff?
The Feed-in Tariff is the name of a household payment scheme launched by the government in April 2010. Quite simply, each householder with a PV system installed will receive a guaranteed fixed payment from their current electricity supplier for 25 years following their PV installation. The value of the payments is based on how much the system is calculated to produce. These payments are Tax Free & Index Linked.

In addition to this Feed-in Tariff, if the householder does not consume all the electricity that is being instantly generated, then it can be ‘exported’ back to the National Grid at the value of an extra 0.03p/kWh. However, the more that the householder can use the instant ‘clean’ electricity during the day, i.e. while it is being generated, the less ‘unclean’ electricity needs to be bought. Given that the energy prices are set to soar, this is a profound part of the PV investment.

What if I sell my house during the 25 years?
It will make a property far more attractive to a prospective buyer. And as the system is already installed and actively generating an income, the system should substantially increase the value of the property. There would be just a simple exchange of paperwork with notification to the energy supplier.