Renewable Energy solutions now often have compelling business cases thanks to the feed-in tariff
Renewable Energy solutions now often have compelling business cases thanks to the feed-in tariff
Renewable Energy & Feed-In Tariffs
As of 1st April 2010 the UK government has been running an incentive scheme to make renewable energy technologies more economically viable and encourage their uptake.
The tariffs effectively mean that any new technologies generating electricity from a renewable source will generate income from the government in the following way:
•A Generation Tariff - A significant payment for every kWh generated, which is paid out regardless of the use whether the electricity is consumed at source, sold or exported for extra revenues.
•An Export Tariff - An additional payment for every kWh exported to the local electricity network, at a lower rate to the generation tariff.
And of course there is also the benefit of a reduced electricity bill; the combination of all three serves to completely transform the business case for renewable energy technologies.
Bright Green Shoots can provide your company with expert advice on feed-in tariffs and renewable energy solutions. Taking full advantage of the new Feed-In Tariff scheme which will help commercial entities and buildings just as much as homeowners. Get in touch to find out what options would be best suited to your situation.
Bright Green Shoots can also fully source and implement any of the solutions covered by the scheme, please ask for a free quote:
Solar PV Panels (Photo-Voltaics)
These can be fitted to any roof and provide significant amounts of ‘free’ electricity. Since Feed-In Tariffs were introduced some UK buildings fitted with solar panels are producing all of the energy needed to run their building and making a profit from the rest by feeding it back into the grid. Solar has the advantage over wind or hydro in that any location in the UK is suitable. It is a myth that they only work in the south or when the sun is out. Also, no moving parts mean no wear or maintenance with most panels guaranteed for 25yrs.
Wind Turbines
Some sites are certainly more suitable than others, but in the right locations such as on high ground or coastal areas and away from residential housing and areas of outstanding beauty these can provide significant amounts of electrical power to buildings and receive generation tariffs with excesses feeding back into the grid. Bright Green Shoots will survey your site’s suitably and average wind speeds to determine suitability. Installations up to 5MW in size can benefit from Generation Tariffs. Any large landowners should consider the substantial opportunities around putting a machine or a wind farm on their site for very large returns over 20 years, please ask for more info if required.
Hydro Power Generators
If you happen to live near to flowing water you can almost definitely benefit and cut your bills by installing a Hydro Power Generator. Hydropower is among the most reliable of energy generators, if you fit the initial criteria of being in the right spot it will be worth investigating the returns you could generate through Feed-In Tariffs.
Anaerobic Digesters
Anaerobic Digesters are now available on a large and small scale to provide the ultimate waste-to-energy solution. They work by harnessing the methane gases (biogas) produced in the decomposition process and burning them to produce heat or energy. Generation and Export Tariffs now apply to every KWh produced, they are designed to run from any kind of organic waste material.
Micro CHP (Combined Heat & Power)
A way of generating electricity from the waste heat generated by burning gas to heat your home, so that you have “free electricity” when the heating is on. Micro CHP systems can also benefit from improved business cases since the introduction of feed-in tariffs.
Wind Farms
If you are a large landowner, you could benefit from substantial financial benefits if you are willing to have wind turbines erected on your land. You would receive exclusivity fees up front as well as success fees throughout the project and then an ongoing proportion of generated feed-in tariffs as well as the ability to use 100% renewable energy generated right on your doorstep! Click on the logo to the left to discuss wind farms with Free Wind Ltd, Bright Green Shoots’ sister organisation focused specifically on wind farms.