Why not use your farm buildings or land as your own mini power station and earn money at the same time? There has never been a better time to make a sound financial investment in solar PV. Your business can get paid for generating its own electricity as well as making considerable savings on electricity bills. An agricultural PV system will be eligible for the feed-in tariff which is a scheme which pays you for all the energy generated by your solar PV system, irrespective of if you use that electricity yourself or export it to the grid and sell it back to your electricity company.
Earnings could be as much as a 15% return on your investment, which is far better than money sat in your bank earning very little interest.
Under certain circumstances an agricultural PV installation can now be installed without planning permission under the permitted development rights. We can also offer 100% finance which is completely off balance sheet and totally tax deductable with great rates of interest.
Contact us today for more information and to see how we can help you save money.MAKE ENQUIRY
We at Grove School had been looking at ways of reducing our energy bills and upon speaking to Simon Lewis at Princes in Ellesmere, he suggested carrying out a Specialised lighting survey to reduce the overall wattage of our existing Lighting installation by installing a more efficient type of light fitting with a lower overall wattage.
Grove School Business Education
When Matt came round to discuss solar panels, he really listened to what I was saying, as I wanted a system whereby I could store the solar energy gathered during the day, and then use it when I came home. Whereas other companies told me this was impossible and wanted to sell me geothermal or other technologies, Princes Solar suggested a battery system, such as those used off-grid. A novel solution.
Totally recommend them for Solar technology
Geoff Stanley Home Owner Northwood
We are very happy with the service provided, the performance of the system and the savings we are now making. The Immersun water heater we also had installed is great.
Mr & Mrs Coathupe-Fox Home Owners Penley
PV panels are groups of photovoltaic cells made up of layers of semi-conductive material. When sunlight shines on the panels, photons in the light cause electrons in the panel to move around. The panels then convert the electrons into an electric field creating a current of DC electricity.
So that you can use the energy in your home, a small inverter converts this DC electricity into AC electricity. And any surplus electricity gets exported to the National Grid.
Feed-In Tariffs replaced UK government grants for the domestic renewable energy on 1 April 2010.
The Department for Energy and Climate Change (DECC) makes Government policy decisions on FITs. And the energy regulator Ofgem administers the scheme. Your energy supplier makes the FITs payments to you.
To qualify for the FITs:
You should make energy efficiency improvements before you apply for the FITs if your property EPC rating is band E, F or G or below. Otherwise, you’ll receive a much lower payment for the length of the tariff (currently 20 years).
FITS eligibility date
The eligibility date is the date when your system becomes eligible for FITs payments. For most renewable electricity systems, it’s the date your FIT supplier (or FIT licensee) receives your valid application for FITs.
You will make your application after we install your system. But we recommend you contact your FIT supplier to confirm their requirements and check what information they need from you as soon as possible.
Benefits of the Feed-in Tariff Scheme
You’ll benefit financially from the FITs in three ways:
Get paid to generate clean power
Your energy supplier will pay you for each unit (kWh) of electricity you generate. Once you’ve registered your system, the rate you receive is guaranteed for the life of the tariff (up to 20 years). Your tariff rate will increase in line with inflation.
Get paid for the electricity you export
You can sell any electricity you generate but don’t use. Your energy supplier will pay you a further sum for each unit (kWh) you export back to the National Grid. At the present time, electricity suppliers estimate the amount of electricity you generate and don’t use at 50% (smart meters will be introduced eventually).
Save money on your electric bills
Generating your own electricity means you don’t have to buy as much electricity to power your home. The amount you save will vary according to how much electricity you use in your home.