Protect yourself against increasing electricity prices
In the five years from 2004, the price of electricity more than doubled. Predictions for the future show that the price, despite a recent small reduction, is liable to increase by arond 8-9% every year. This means that an average household electricity bill of 1.243 Pounds a year, will go up to 4.185 Pound a year, by year 2020.
When you install a solar power system of 2.4Kwp before March 2012, you will receive 41.3p for every Kwh you generate, from the Feed-in Tariffs your payback time, with a current annual electricity bill of 800 Pounds.
could be 7 years. After this period you will enjoy another 20 years free solar power. When you move house you are able to recoup 50% of the value of the system, by adding the value to the price of your property, when you sell. The new owners will benefit from the savings and FITs.




