Business News1

Demand For Solar Power Undaunted by Government Feed-In Tariff Cuts

In the wake of continued feed-in tariff cuts from the government, under pressure from its big oil friends and to help justify further costly nuclear power stations, the London Assembly is urging Mayor Boris Johnson to campaign against these and further changes...

In the wake of continued feed-in tariff cuts from the government, under pressure from its big oil friends and to help justify further costly nuclear power stations, the London Assembly is urging Mayor Boris Johnson to campaign against these and further changes, read more  

While making money from the FiT is not the sole issue for many people or businesses deploying and installing solar panels, the benefit is a tempting one, alongside helping companies reduce their energy bill and boost their green credentials. Whatever your political stance, and the change is forcing some smaller solar power installers into receivership, every additional installation of photovoltaic solar power systems helps reduce bills and can be part of a wider green initiative. With increasing numbers of solar power homes owning a hybrid or electric car to reduce their fuel bill (over 43,000 now sold in the UK), installing smart home thermostats and other technology, the drive to go green is outpacing the dogma of traditional power. 

As technology continues to improve, solar panels are becoming ever more efficient, with new models now up to 22% efficient, a 30% to 40% improvement on previous generations, read more. This will soon mean more power from less panels, making them more viable on small properties, or for even more power from large sized projects to improve returns and savings. With the cost of solar power cells at an all time low, just 30 cents per cell per watt (down from $10 per watt 30 years ago), the technology is becoming increasingly affordable.

Regardless of government policy, many people and companies see solar power as the right thing to do. We can help install PV panels for any size of project. We can clearly explain the short and long term financial and environment benefits, help you recycle old panels if you want to upgrade to the newest types and ensure a professional build to maximise your return on investment.

So, while the sun is in short supply this winter, getting ready for next year will put your home, your environmental standing and your fuel bills in a better position, and help to dent those who would thrust dangerous concepts like fracking and more nuclear power on the population.