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Feed in Tariff Rates Announced

01 February 2010

The Government has today announced the Feed-in-Tariff rates for Households and Communities who install generating technologies such as small wind turbines and solar panels.

Incredibly the rates have actually increased over the previous proposals!

  • Evance/Gaia small wind is up from 23p to 26.7p
  • WES 18 up from 18p to 24p
  • WES 30 up from 18p to 18.8p
  • Solar PV < 4kW is up from 36.5p to 41.3p
  • Solar PV < 10kW is up from 31p to 36.1p


These rates, which start in April this year, are going to bring the pay-back times for the Evance Iskra R9000 and Gaia 133 down to 3-5 years for ideal sites after which the wind turbine owners would receive an 'income' of around £5,000 a year for the Evance Iskra R9000 and a massive £17,000 a year for the Gaia 133.

Greenthinking, along with the rest of the renewable energy industry, is expecting a large rise in interest so please contact Greenthinking now to ensure that you benefit from this 'windfall' as soon as possible.

More details will appear here as we get them. Meanwhile the full press release can be found on the Department of Energy and Climate Change website.

 

 

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