Firefly Cut Solar Install Costs

The massive disruption caused by the Government's premature reduction of the Feed In Tariff (F.I.T) rate which saw the original rate drop from 43.3p per kWh to 21p per kWh is still being felt in certain specific sectors of the Solar Industry.

With this decision having been reversed and heading for The Supreme Court, it is currently understood that the original F.I.T rate will apply for all installations registered before March 3rd 2012.

Recent reductions in the wholesale price of solar PV modules means Firefly can pass savings on to you with 4kw Solar PV installations being completed for under £9000.00. At current F.I.T rate the minimum return is set at 21p per kWh. This defines the payback period for a 4 kWh installation as 9 years.

As it is understood by many who have challenged the Government (including Friends of the Earth) that the initial rate of 43.3p will be offered on all installations registered before March 3rd 2012 – this would reduce the payback period on a £9000.00 solar investment to 5 years.

With financial institutions in turmoil and a solar installation offering a return on investment between 9% - 15%, now is the time to invest in a brighter future.

Please contact us for a quote.