Energy company E.ON has announced that they will me making full use of the Clean Energy Cash Back scheme in bringing in a solar offering to its customers. The Cash Back scheme which came into effect on April 1 is essentially a feed-in tariff system offering small scale renewable generators cash for money used on site and better rates for money fed-in to the national grid.
E.ON plan to utilize the newly introduced legislation in order to offer their customers what they term the ‘SolarSaver’ scheme, a consultation, survey and installation service for solar photovoltaic products.
E.ON hope that their SolarSaver scheme will act as a sound investment product over 25 for its customers with expectations that it would take just 12 years to break even with 13 subsequent years of profit on the project.
According to the energy company, they claim that this projection is based on the fact that a 2.1kW solar kit costs around £11,350 and would be capable of generating around 1.5kWh p/a. Homeowners would expect to save in excess of £24,000 over the project’s lifespan with the added bonus of helping to offset their carbon footprint on fossil fuel energy savings.
A turnkey product is expected with E.ON stating that their solution will offer homeowners advice on the suitability of their home for solar paneling, consultancy for application of planning applications and advice for customers about entitlement to grants and other government schemes.
Phil Gilbert, spokesman for the SolarSaver scheme announced,
“We’ve all got a role to play in bringing down our carbon footprint and we’re helping our customers do that. With the long term benefit provided by the new Feed-in Tariff they’ll even make money back.
Adding, “This will be the first of many exciting new propositions we’ll have for our customers, giving them the power to produce their own heat and electricity from lower carbon sources.”
For full information about similar investment schemes offered through solarfeedintariff.co.uk please visit: http://solarfeedintariff.co.uk/solar-investments/