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That wouldn't be so bad as my export rate, ie the amount I get for energy sold back to the grid is only 3.3p per unit! Where I benefit is that I get paid 46.81p for every unit I generate whether I use it or not. If you were lucky enough to get in early then it is an excellent way to subsidise...

That wouldn't be so bad as my export rate, ie the amount I get for energy sold back to the grid is only 3.3p per unit! Where I benefit is that I get paid 46.81p for every unit I generate whether I use it or not. If you were lucky enough to get in early then it is an excellent way to subsidise...

There is a difference though. The phased reductions in the tariff were all part of the original scheme. Those that got in early got the higher tariff and those later at phased reduced rates. However, at whichever rate you entered the scheme, the tariff will go up annually based on the RPI...

WTF do you mean by the government owning my roof? I own the roof and I own the panels. Worse case scenario would be the government breach their contract to pay me my tariff. If that happens after I had them for 5 years then they have already paid for themselves and I still get free electricity...

To keep you happy. Cost £10k so based on current returns, repay in 5 years however that doesn't take into account that it will be quicker if energy prices go up over the same period and also the increase in tariffs over that period. FIT contract is for 25 years and it's not the energy firms...

Had ours since Oct 2011 and have earned £3.5k as we got in just before the tariff dropped and that is on a South West facing roof. Had we been directly south then it would have generated even more. Electricity useage is down as well by 20% so total saving over the period is just over £4k...