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Save Money Whilst Saving The Planet Wind power is free and the feed in tariff means the cost is soon recovered Air Source popular when  looking to reduce heating bills Solar thermal can provide up to 80% of your annual hot water Solar PV lets you sell surplus electricity back to the grid

Energy bill savings through renewable solar energy

Eternal Energy offer Feed-In Tariff Schemes to help you save money on your energy bills by using sustainable energy North East

Feed-in Tariffs (FITs) became available in Great Britain on 1st April 2010 however they are currently not available in Northern Ireland, something that may be addressed by a current ongoing review.

Under this scheme energy suppliers have to (this was deemed compulsory for the big six suppliers) make regular payments to householders and communities who generate their own electricity from renewable or low carbon sources such as solar electricity panels(PV) or wind turbines.

About the Scheme

The FITs scheme guarantees a minimum payment for all electricity generated by the system, as well as a separate payment for the electricity exported to grid. These payments are in addition to the bill savings made by using the electricity generated on-site.

Once you have a microgeneration technology installed you should experience a monthly reduction in your electricity bill and then receive an income from your Feed-in tariff provider. However, if you have taken out a loan to pay for the installation you will have to make monthly repayments to your loan company.

Feed-in tariffs are designed so that the average monthly income from your installation will be significantly greater than your monthly loan repayment (with a 25 year loan).

Installing Solar PV Panels

For the installation of Solar PV panels, a clear, uninterrupted and unshaded section of roof is required, with south or near south orientation. The roof needs to be large enough to accommodate the Solar Photovoltaic modules, structurally sound and built using materials that are compatible with a fixing system that is readily available.

How the scheme works

If you are eligible to receive the FIT then you will benefit in 3 ways:

1. Generation tariff – a set rate paid by the energy supplier for each unit (or kWh) of electricity you generate. This rate will change each year for new entrants to the scheme (except for the first 2 years), but once you join you will continue on the same tariff for 20 years, or 25 years in the case of solar electricity (PV).

2. Export tariff - you will receive a further 3p/kWh from your energy supplier for each unit you export back to the electricity grid, that is when it isn't used on site. The export rate is the same for all technologies.

3. Energy bill savings – you will be making savings on your electricity bills , because generating electricity to power your appliances means you don't have to buy as much electricity from your energy supplier. The amount you save will vary depending how much of the electricity you use on site.

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