Heat Project Encourages Cornwall to Get FIT

Following a recent announcement by the Department for Energy and Climate Change (DECC) about the new guaranteed income available from 1st April for all households that install solar electricity (photovoltaic) systems, local providers of solar systems, the Heat Project, are encouraging residents to capitalise on the higher than expected electricity generation rate and the region’s above national average annual hours of sunlight.

Known as the Feed-in-Tariff (FiT), the new FiT rate earns households an impressive 41.3p for every kWh of electricity generated by their solar electricity system, with an additional 3p earned for every kWh that is exported back to the national grid if not needed in the home. This could equate to an income of £849 a year for the average household – not including the additional £139 saved on heating bills!

Adrian Liddell, Director of the Heat Project comments:

“The new FiT is the greatest incentive for those keen to invest in their home and the environment… and make money from it!

With these new renewable energy technologies, trust is everything. This is why the Heat Project, a trusted brand for over 13 years operating from Cornwall and providing over 300,000 homes with insulation measures since 1997, has decided to put the brand behind solar electricity and solar hot water systems, and help advise customers of the suitability and significant benefits of this exciting technology.”

With the new FiT rate scheduled to decrease by 8.5 % annually after 2012, thus reducing the potential income for those late in adopting the technology, the Heat Project is urging interested homeowners to enquire into investing in solar electricity while the rate is at its peak.

The benefits of solar PV technology speak for themselves. Besides the very appealing FiT and reduction in CO2 emissions, a reduced reliance on fast depleting fossil fuels will also reduce energy bills, which have been predicted to rise by as much as 60% within the next six years. The abundant energy from the sun instead allows the everyday energy customer to be more self-sufficient and take responsibility for their own local energy production, saving them around £200 a year on typical energy costs as they make a transition to low carbon living.

Currently only offering solar technologies to its Cornwall based customers, the Heat Project is creating an exclusive opportunity for Cornwall to pioneer a renewable energy revolution in the domestic sector, by harnessing the south west’s above average 1,500-1,600 hours of annual sunshine.

However it is not only early-adopters of solar technology that will see the benefits. A well needed boost to the Cornish economy should also result with the renewable energy industry and its local businesses benefitting from increased demand for the production and installation of small scale low carbon technology.

To find out more about saving money and increasing self sufficiency with solar technologies available through the Heat Project, visit www.heatproject.co.uk or call free on 0800 093 40 50.
 

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