15% DEPOSIT – NOTHING MORE TO PAY UNTIL CONNECTION TO THE GRID!
The solar modules absorb daylight and through the photovoltaic process generate electricity. This electricity can typically reach 600 volts DC and needs to be converted by the inverter to match the power supplied to your house from the electricity grid (which is usually 230 volt AC in the UK).
The electricity generated is used on site to power your home.
Benefits of a Solar PV installation
- The Government will pay a smart export guarantee
- Index linked to RPI for 20 years
- Any electricity generated and used is free once your initial outlay is paid back
- Produces electricity even on a cloudy day and requires no heat
- Add real value to your home
- Reduce you carbon footprint
www.gov.uk/government/consultations/the-future-for-small-scale-low-carbon-generation.
Is there any government support?
Yes there is, you can find out more about the support here.
Who is it for?
The SEG is an opportunity for anyone who has installed one of the following technology types up to a capacity of 5MW, or up to 50kW for Micro-CHP:
- Solar photovoltaic (solar PV)
- Wind
- Micro combined heat and power (CHP)
- Hydro
- Anaerobic digestion (AD)
How does it work?
The SEG Licensee is required to put processes in place to pay for the electricity exported by the eligible installation and to report to Ofgem on installations under the SEG arrangements.SEG Licensees determine the rate they will pay, contract length and other terms.
However, whilst wholesale electricity prices can sometimes fall below zero, SEG Licensees must always offer a tariff that remains above zero. SEG payments must be calculated by SEG Licensees using Export Meter Readings.
