Solar Investment Calculator
Solar Payback
*If the Government offered to pay you £980 a year, tax free and index linked for the next 25 years in return for an upfront payment of around £9,999, you would snap it up in a second. Well, that’s pretty much the deal on offer after the government revealed what the Feed-in-Tariff rates would be from 12th Dec 2011.
Harrisons Group, in association with Ploughcroft SolarTM are exclusively able to offer fantastic Returns on Investment from a solar PV system despite the cut in the FiT. Due to some strong negotiations we have managed to pull forward their January prices to November, this means you can still earn amazing returns while cutting your electricity bills and helping to save the environment on Installs after 12th December 2011.
As the table below demonstrates the Government now offers 21p per kW produced by any domestic system 4kW and under. This means that you can still earn a considerable amount of income through PV.
| Scale for installs after Dec 12th 2011 | Tariff for new installations in Period (p/kWh) | Tariff Lifetime |
|---|---|---|
| <4 kW (new build**) | 21p | 25 years |
| <4 kW (retrofit**) | 21p | 25 years |
| >4-10 kW | 16.8p | 25 years |
** New Build means where installed on a new build before first occupation
Retrofit means installed on a building which is already occupied
Calculation of a benefit using the government’s official figures for a typical 4kW PV system on a south-facing roof
Example:
Solar Panel Manufacturer: JA Solar
Solar PV Panel: JAM6-60-250
Number of panels: 16
Tilt of panel: < 30 deg – 45 deg
% of shading: none to very little < 20%
% Proportion of Generated : 50%
Power Exported:
| Electrical Generation | Value of Energy | |
|---|---|---|
| Energy used on site | 1717kWh/year | £206 at 12p per kWh |
| Energy Exported | 1717kWh/year | £52 at 3.01p per kWh |
| FiT (Feed in Tariff) | 3434kWh/year | £721 at 21p per kWh |
Annual Benefits:
Solar offers a unique investment opportunity that not only provides you with an opportunity to invest your money wisely but you can help the environment at the same time!Electricity Output: 3434
Cost Saving: £980
Return on Investment : 9%
Carbon Benefit : 1.8t CO2
**These figures are based on a 4kW JA solar panel system as of 3/11/2011.
