Introduction of Feed-in Tariff Encourages People to Generate Their own Energy
By British Gas, PRNETuesday, May 25, 2010
LONDON, May 26, 2010 - On the 1st of April 2010 the Government officially launched its Clean
Energy Cashback
(www.britishgas.co.uk/energy-efficiency/renewable-energy/clean-energy-cashback-scheme.html)
or Feed-in Tariff (FIT)
(www.britishgas.co.uk/energy-efficiency/renewable-energy/clean-energy-cashback-scheme.html)
in an effort to encourage people to generate their own low carbon energy.
This means that you could be paid for every kilowatt hour (kWh) of Solar
Photovoltaic (PV) Panels - an investment that could save you money by
generating the electricity you need to power your home while also earning you
benefits through the Government's Clean Energy Cashback.
Once solar PV panels have been installed in your home, you will be
presented with a certificate confirming FIT compliance, which is then handed
over to the energy supplier
(www.britishgas.co.uk/products-and-services/energy.html). You will
then qualify for the Clean Energy Cashback plan, you could earn GBP692.95*
a year, including the savings you'll make reducing the amount of electricity
you'll need to purchase from your supplier.
At British Gas we know the importance of this scheme. We're one of the
UK's leading providers of renewable energy systems and our team of Energy
Experts can help you choose the solution that's right for you and your home.
Please visit British Gas to learn more about the Clean Energy Cashback or
Feed-in Tariff Initiative
(www.britishgas.co.uk/energy-efficiency/renewable-energy/clean-energy-cashback-scheme.html)
*Payments for Solar PV panels for the electricity you generate and use
start from April 2010 as part of the Government's Clean Energy Cashback
Scheme. Assumes our 1.68kWp British Gas Standard PV System with 50% on-site
consumption with excess exported back to the grid on a typical export tariff.
Based on an average annual household's annual single rate electricity
consumption of 3,300 kWh. Unit price used in calculation representative of
the average p/kWh charge, as derived from the annual bills at industry
average consumption of 20,500 kWh for gas and 3,300 kWh for single rate
electricity, paying by Monthly Direct Debit on our Standard Tariff prices as
at January 2010, averaged across all regions and including VAT. 50% on site
consumption number sourced from the Feed-in tariffs (Specified Maximum
Capacity and Functions) Order 2010. Correct at time of going to print April
2010.
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For all media enquiries please contact: British Gas Press Office,
+44(0)845-072-8002
For all media enquiries please contact: British Gas Press Office, +44(0)845-072-8002
Tags: British Gas, London, May 26, United Kingdom