Starting with April 2019, the new Solar Panel Grid Trade Scheme replaced the former UK FIT (Feed-in-Tariff) strategy for new applicants, and this means that going solar today brings additional advantages for homeowners and companies.
The new scheme allows solar homeowners to reduce the energy consumption from the grid, and export the excess energy
and earning money back from the exchanges.
Solar Panels and Inverters
To produce even greater savings for the homeowner, solar panels, inverters, smart meters, smart batteries and solar hubs will be installed, to allow the user to get long-term benefits from its solar PV system.
You know that the energy provided by the grid is mainly produced from fossil fuels, and because these are limited resources, energy bills are becoming more expensive year after year.
The limited resources will further increase energy bills and the living costs, and this is the reason why you should install a solar PV system on your roof as quickly as possible, to start benefiting from the clean and free electricity produced by the panels.
How Do Homeowners Benefit from the New Solar Panel Trade Scheme?
By now, the energy produced by a solar PV system was consumed during the day to cover the energy demand of the house, and during the night and the next morning, the user relied on energy from the grid (which was less clean and more expensive).
The new Solar Panel Grid Trade Scheme helps the user to store the energy produced by its panels in batteries, and use this energy during the night and maybe during the next morning.
This decreases the amount of energy consumed from the grid and increases the consumption of energy produced by the panels.
Less energy from the grid means lower energy bills and an improved efficiency of the household.
Getting more benefits from the excess energy sent back to the grid, also increases the saving obtained by the user.
Giving the fact that the energy bill of the average user increases by almost 7% every year, £1 of energy produced today will cost £1.96 in ten years (2029) and £3.86 in two decades (2039).
This is the reason why having your own solar PV system can protect you from further increases of energy prices, and joining the Solar Panel Grid Trade Scheme can bring you additional savings of energy exports.
How Can Business Owners Benefit from the New Scheme?
The new Solar Panel Grid Trade Scheme was mostly created for homeowners, but companies can also benefit from it.
If solar homeowners can now store the energy produced and use it to decrease the consumption from the grid, business owners can install solar PV systems to join the new program and lower their energy bills and the carbon footprint of their company.
Lower energy bills for a company means more profits, and a smaller carbon footprint improves the brand image.
Companies can also send energy back to the grid, but the presence of the solar batteries will help them to store energy and use it on-site, which will decrease the consumption from the grid (lower energy bills).
Grid Trade Incentives are now available, and you need to join the solar family to benefit from them in the long-term.
If you care about your future and you want to secure your home or your business from future price increases on energy bills, you should install a solar PV system today.
