Showing posts with label FiT's. Show all posts
Showing posts with label FiT's. Show all posts

Tuesday, 15 March 2011

UK feed-in tariff rise "will help fuel solar PV demand"

The UK Government has revised its solar photovoltaic (PV) feed-in tariff to take into account increases in the consumer price index. Feed-in tariff increases will come into effect on 1 April this year.

The UK solar PV market is already expanding rapidly as homeowners and businesses take advantage of the feed-in tariff programme. The new feed-in tariff figures will see an average increase of between £0.015-0.02/kWh of electricity, depending on the type and size of solar PV installation.

However, Urban Energy urges a note of caution asking people not to rush to install solar PV systems, asking potential buyers to check every aspect of performance, reliability and longevity before they sign any contracts. Consumers must consider that a PV system needs to carry on working reliably for 25 years or more.

URBAN ENERGY

Our mission: “To provide and install, sustainable, world class, clean energy products with the highest level of service and care.

"Urban Energy is an innovative organisation specialising in the financing, design and installation of economic and environmentally sound solar powered energy systems for commercial property (private and public) and domestic dwellings. Our expertise in the field of Government incentive schemes and solar power products will provide individuals and organisations with an excellent opportunity to overcome capital cost barriers, save money on energy bills, increase profit margins, increase the value of their property and reduce their carbon footprint.

Urban Energy employ the very best engineers in this field, all of which are fully qualified, MCS certified and Government approved to carry out this task, complying with strict guidelines and are members of the Solar Trade Association.

For further information about Urban Energy products and services:
Call: 0800 232 1624

Wednesday, 30 June 2010

UK - Renewable energy feed-in tariffs set to transform rural estate incomes

Some key facts:

- Rural estates and farms can generate significant extra income from renewable energy feed-in tariffs (FiTs)
- FiT payments are index linked and guaranteed for up to 25 years
- You can still claim FiTs even if you use the electricity yourself
- Most rural estates can benefit from some sort of renewable energy scheme

Rural estates and farms could use the new renewable energy feed-in tariff scheme to increase their annual income by tens of thousands of pounds each year.

A hypothetical “renewable energy” estate is described below utilising all the main forms of renewable energy – solar, wind, hydro and anaerobic digestion. also shown is how much income could be derived annually from each using feed-in tariffs:
  • Two wind turbines (two 250kW** turbines wind speed of 7m/s) create an annual income* of £300,000 assuming all electricity produced is exported to the national grid.
  • An anaerobic digester (350kW system 200 cows & 600 acres of maize) creates an extra £460,000 per year
  • A modest hydroelectric scheme (100kW water turbine) adds £190,000.
  • The contribution from photovoltaic solar panels (900 sq/m - 450 panels - on dairy roof) is £26,300
The total annual income came to £916,000 with a lifetime potential of £18,500,000!

*Income figures will vary based on local conditions and equipment performance. They do not include tax.

** A 250kw turbine produces an equivalent amount of energy to that consumed by 125 three-bed houses for a year.

If the electricity produced is used on the estate the annual benefit increases to £1.1m. This is because the estate will still receive the FiT payments, but will be saving on its current electricity expenditure.

Feed-in tariffs were introduced in the dying days of the Labour government and were designed to encourage people to create their own renewable electricity. An index-linked payment guaranteed for up to 25 years is made for each unit of electricity produced even if it used by the generator for their own consumption. The tariff varies depending on how the energy is being generated and the scale of the scheme. The smaller the scheme and the longer its potential payback, the larger the payment.

FIT rates:
  • Anaerobic digestion 9.0 -11.5 pence/kWh over 20 years 
  • Hydro 4.5– 19.9 p/kWh over 20 years
  • Solar photovoltaic 29.3 – 41.3 p/kWh over 25 years
  • Wind 4.5 – 34.5 p/kWh over 20 year
Add 3p/kWh for all electricity supplied to the national grid (large schemes can negotiate a higher supplement)

We have already seen a huge surge in enquiries from landowners looking to take advantage of feed-in tariffs. One of the most attractive things about them is that the payments are guaranteed for up to 25 years, which means it is now easier to get bank funding to set up renewable energy projects.

Reassuringly in the current fiscal environment, there is also no danger that FiTs will be hit by government cuts because they are funded by electricity generators (via our bills) not the exchequer.

Although it would be unusual for a typical rural estate to be able to utilise renewable energy to the same extent as our idealised estate, there are very few rural properties that cannot benefit from FiTs in one form or another. The estate shows the extent of the potential income available, even from relatively modest schemes. The wind turbines we are using, for example, are much smaller than those used in large-scale wind farms.

At a time when the income streams on many rural estates are under threat from poor agricultural commodity prices and falling farm subsidy payments, renewable energy will play an increasingly important role in securing a viable future for landowners and farmers.

Next year we should see even greater opportunities when details of the Renewable Heat Incentive are finalised. This will pay a tariff for heat produced by renewable sources and could be of real benefit to rural landowners who use a lot of heat themselves or who can supply heat to other users.

URBAN ENERGY
 
Our mission: “To provide and install, sustainable, world class, clean energy products with the highest level of service and care."

Urban Energy is an innovative organisation specialising in the financing, design and installation of economic and environmentally sound solar powered energy systems for commercial property (private and public) and domestic dwellings. Our expertise in the field of Government sponsored funding programmes and solar power products will provide individuals and organisations with an excellent opportunity to overcome capital cost barriers, save money on energy bills, increase profit margins, increase the value of their property and reduce their carbon footprint.

Urban Energy employ the very best engineers in this field, all of which are fully qualified, MCS certified and Government approved to carry out this task, complying with strict guidelines and are members of the Solar Trade Association.

For further information about Urban Energy products and services:
Call: 0800 232 1624
Email: info@urbanenergy.org.uk
Website: http://www.urbanenergy.org.uk/

Wednesday, 23 June 2010

Government is failing consumers by neglecting to publicise vital information about the Feed-In Tariff

Urban Energy are agree with other experts in the renewable energy field that believe the Government is failing consumers by neglecting to publicise vital information about the Feed-In Tariff widely enough.

The UK's Feed-In Tariff came into effect in April 2010 and offers generous financial incentives to consumers opting to install solar PV panels in their homes. Yet despite this, there has been relatively little by way of information and publicity about the tariff made available to consumers.

The Government has introduced this amazing scheme. They've made solar panels an investment, rather than an expense. But we're still continually finding that people simply either don't know exactly what it's all about or even don't know about it at all! The Feed-In Tariff here is particularly generous. It's been covered in newspapers and on TV all over the globe, yet we're failing to inform the very people it benefits, the UK consumers.

It is hoped that the Feed-In Tariff will encourage a higher uptake of solar panel installation here in the UK and that this in turn will contribute to the Government's carbon emission reduction targets. Publicising the tariff is imperative to the success of meeting these targets.

The British Government has pledged to cut our carbon emissions by 60% by 2050. Feed-In Tariffs are an incredible way to encourage solar installation and therefore reduce carbon emissions but if consumers aren't even aware of it, we'll never see its full potential.

URBAN ENERGY

Our mission: “To provide and install, sustainable, world class, clean energy products with the highest level of service and care."

Urban Energy is an innovative organisation specialising in the financing, design and installation of economic and environmentally sound solar powered energy systems for commercial property (private and public) and domestic dwellings. Our expertise in the field of Government sponsored funding programmes and solar power products will provide individuals and organisations with an excellent opportunity to overcome capital cost barriers, save money on energy bills, increase profit margins, increase the value of their property and reduce their carbon footprint.

Urban Energy employ the very best engineers in this field, all of which are fully qualified, MCS certified and Government approved to carry out this task, complying with strict guidelines and are members of the Solar Trade Association.

For further information about Urban Energy products and services:
Call: 0800 232 1624
Email: info@urbanenergy.org.uk
Website: http://www.urbanenergy.org.uk/

Tuesday, 15 June 2010

UK Solar PV market to increase five fold in 2010 according to survey

The UK’s solar PV electricity market could grow five fold in 2010 and 30 times over by 2015 as a result of new Feed-in Tariffs (FiT's), according to analysis by industry-focused assurance, tax and advisory service PricewaterhourseCoopers (PwC).

Feed-in tariff style grants and funding have rapidly increased installations in European countries with some nations seeing an annual increase of installations in excess of 300 per cent in the first year of the tariffs being available. And with the Clean Energy Cashback Scheme – also known as the Feed-In Tariff (FiT) – being implemented to allow UK homeowners who generate their own electricity receive regular payments for the energy they supply, PwC Renewables Director Daniel Guttman believes UK residents could flock in the direction of Solar PV power in 2010.

He said: “The significant expansion that may be just around the corner will change today’s ‘cottage industry’ into a much more professionally organised sector.

“The PV market will become more sophisticated with more complex products and a greater focus on accountability for system performance.

“The industry will need to adapt and develop quickly to ensure that as much of the opportunity in terms of job and value creation is captured within the UK.

“Companies that have been successful so far have benefited from investment in order to fund expansion.

“Further investment will be required in order to train for and fund the rapid expansion expected. New entrants are likely to expand into the UK in coming years.

“We believe that this will be true across much of the value chain, but particularly downstream around installations.”

The study conducted by the advisory service called ‘On the brink of a bright future? Insights on the UK solar photovoltaic market’ found that the majority of UK PV installations are small domestic panels like in Germany and France while large-scale solar farms are more common in countries likes Italy and Spain.

PwC claim to have got the five-fold installation improvement from UK industry observers who’d been interviewed as part of the study which also suggested the market survey expressed concern that there are too few certified installers to meet the potential demand.

The group says there needs to be sufficient investment in infrastructure, skill and training for the UK to fully benefit from solar power.

PwC Sustainability and Climate Change Director Gus Schellekens added: “The focus on PV is timely with recently published road-map documents outlining the future global potential for PV technologies.

“While its use in the UK is small today, PV has a promising future if supported by strong government policy that sustains early deployments and supports the technology’s transition to cost competitiveness.”

Reference: On the brink of a bright future? PwC

URBAN ENERGY

Our mission: “To provide and install, sustainable, world class, clean energy products with the highest level of service and care."

Urban Energy is an innovative organisation specialising in the financing, design and installation of economic and environmentally sound solar powered energy systems for commercial property (private and public) and domestic dwellings. Our expertise in the field of Government sponsored funding programmes and solar power products will provide individuals and organisations with an excellent opportunity to overcome capital cost barriers, save money on energy bills, increase profit margins, increase the value of their property and reduce their carbon footprint.

Urban Energy employ the very best engineers in this field, all of which are fully qualified, MCS certified and Government approved to carry out this task, complying with strict guidelines and are members of the Solar Trade Association.

For further information about Urban Energy products and services:
Call: 0800 232 1624
Email: info@urbanenergy.org.uk
Website: http://www.urbanenergy.org.uk/ 

Wednesday, 17 March 2010

Considering Renewables?

Our guide to green, clean energy in the home. If you're considering installing renewable energy technologies at home, then there are several options available to you. However, not all will be right for your home. Read our guide to the different technologies available and find out about the government's Feed-in Tariff, also known as the 'Clean Energy Cashback Scheme'.

The UK is quite well suited to solar power. If you've done the basic things to stop wasting energy at home, such as installing loft and wall insulation and energy efficient lighting and appliances, then you might want to consider installing your own renewable energy technologies. Working out which technology is most suitable for your home is a good way to start.

Wind turbines

Wind turbines are the iconic renewable energy technology. At home, small turbines are only suitable in certain parts of the country, if they have clear sight-lines away from other buildings or trees and where there is a wind speed of no less than 5 m/s. Be aware that, in some areas, erecting a turbine will also need planning permission. You can see if your home is suitable for wind power at the Energy Saving Trust website.

Solar power

As contrary to popular belief solar photovoltaic (PV) cells don't need direct sunlight to work, so you can still generate electricity on a cloudy day.

Solar PV panels convert sunlight directly into electricity. In addition to Solar PV there are also solar water heating systems that use the sun's heat to warm up water, which can then be used directly. Both are best placed on south-facing roofs but other orientations can also work, though less efficiently.

Feed-in Tariffs (FiT's) will be introduced to the UK on 1 April 2010. The scheme requires energy suppliers to make regular payments to householders and communities who generate their own electricity from renewable or low carbon sources such as solar electricity (PV) panels or wind turbines.

The scheme guarantees a minimum payment for all electricity generated by the system, as well as a separate payment for the electricity exported to the grid. These payments are in addition to the bill savings made by using the electricity generated on-site.

From April this year, every unit of electricity generated at home could earn up to 41.3p for a PV system – which could mean around £800 per year for 25 years for a typical-sized solar electricity installation, up to just over £1,650 per year for 25 years for an optimal south facing 4 kWp system.

Other technologies, such as wind, hydroelectricity and micro combined heat and power, will also benefit from the scheme, though with smaller payments than solar PV.

Air and ground source heat pumps

A ground source heat pump uses pipes buried underground (usually in a back garden) to extract heat from the ground and warm water for radiators in a home. A typical system costs around £12,000, with running costs of around £650 per year where the heat pump provides all heating and hot water. They can save around 540kg of carbon dioxide (CO2) and £160 a year if they replace an oil-fired central heating system, or more if replacing coal or electric heating.

Air source heat pumps extract heat from external air in the same way that a fridge extracts heat from its inside and these systems can operate with outside temperatures as low as -15C. They are cheaper than ground source heat pumps to install, £5,000 to £9,000 but are not always as efficient with running costs for heating and hot water at around £790 per year. The Energy Saving Trust says that the system could save up to 5,000 kg of CO2 and £700 per year if it replaced an electric heating system.

Wood fuelled heating

A stove burning logs or pellets could heat up a single room or, for full home use, a wood fuelled boiler can replace your current boiler/heating system. Because the boiler uses wood, it will only release the CO2 that was absorbed as the tree was growing in the first place. If the wood has been sourced responsibly and new plants are grown to replace the ones chopped down to make the fuel, wood fuelled systems are essentially carbon neutral.

A standalone stove costs around £3,000, while a typical automatically-fed boiler would set you back around £9,000. But wood fuel systems can save up to 9,600 kg of CO2 per year if they replace a coal-fired system.

Hydroelectricity

Finally, there is small-scale hydroelectricity. These use running water to turn a turbine that generates electricity. The faster the water flows and the more water there is, the more electricity can be produced. Clearly only suitable for people with a stream nearby, the advantage of this technology is that it is also eligible for the government's feed-in tariffs.

URBAN ENERGY

Our mission: “To provide and install, sustainable, world class, clean energy products with the highest level of service and care."

Urban Energy is an innovative organisation specialising in the financing, design and installation of economic and environmentally sound solar powered energy systems for commercial property (private and public) and domestic dwellings. Our expertise in the field of Government sponsored funding programmes and solar power products will provide individuals and organisations with an excellent opportunity to overcome capital cost barriers, save money on energy bills, increase profit margins, increase the value of their property and reduce their carbon footprint.

Urban Energy employ the very best engineers in this field, all of which are fully qualified, MCS certified and Government approved to carry out this task, complying with strict guidelines and are members of the Solar Trade Association.

For further information about Urban Energy products and services:
Call: 0800 232 1624
Email: info@urbanenergy.org.uk
Website: http://www.urbanenergy.org.uk/