Your Tax Free Investment

Installing solar panels on the roof of your home currently generates an income for the electricity you produce, from a government-backed scheme. All payments are guaranteed for 25 years, are linked to the Retail Price Index (RPI) and are tax-free.

The main financial advantages of investing in a solar PV system:

• You will be producing free electricity for your home
• You get paid for all the electricity you produce at the current Feed-In Tariff rate of 21p KWp
• This Government backed scheme is guaranteed for 25 years from first registration
• All payments received under this scheme are tax free
• The payment is linked to the Retail Price Index (RPI)
• See a reduction in your electricity bill of up to 50%

Costs for a solar PV installation

Complete Solar PV systems range in cost between £6,000 and £20,000, depending upon the size and type of system suitable for your roof.

If supply only, deduct 10% from the quoted installed price for your system.

What you can earn?

The current Feed In Tariff will pay you 21p for every kWp you produce and use. This income is guaranteed for 25 years by a Government backed scheme and is linked to the Retail Price Index (RPI).

* Based on SAP 2009 calculations

** Based on an assumed use of 50% of the electricity produced at a purchase price of 13.5p/kWh

*** Based on an assumed export of 50% of the electricity produced and a sale price of 3.1p/kWh

Better than an Cash ISA

The Guardian says,

“This is the only tax free alternative to a Cash ISA”

Earn over three times the rate of your current Cash ISA income, www.thisismoney.co.uk/isas

Further information:

Energy Saving Trust Cash Back Calculator – www.energysavingtrust.org.uk