Solar Feed In Tariff Website

The Government has today announced plans to ensure the future of the Feed-in Tariffs scheme to make it more predictable. Transparency, longevity and certainty are at the heart of the new improved scheme.

The reforms will provide greater confidence to consumers and industry investing in exciting renewable technologies such as solar power, anaerobic digestion, micro-CHP, wind and hydro power.

The Feed-in Tariffs (FITs) scheme provides a subsidy, paid for by all consumers through their energy bills, enabling small scale renewable and low carbon technologies to  compete against  higher carbon forms of electricity generation.

The surge of solar PV installations in the latter part of last year, due to a 45% reduction in estimated installation costs since 2009, has placed a huge strain on the FITs budget.

Climate Change Minister Greg Barker said: “Today we are announcing plans to improve the Feed-in Tariffs scheme. Instead of a scheme for the few the new improved scheme will deliver for the many. Our new plans will see almost two and a half times more installations than originally projected by 2015 which is good news for the sustainable growth of the industry.  We are proposing a more predictable and transparent scheme as the costs of technologies fall, ensuring a long term, predictable rate of return that will closely track changes in prices and deployment.

“I want to see a bright and vibrant future for small scale renewables in the UK and allow each of the technologies to reach their potential where they can get to a point where they can stand on their own two feet without the need for subsidy sooner rather than later.”

A BETTER FIT SCHEME FOR CONSUMERS AND COMMUNITIES

• A tariff of 21p/kWh will take effect from 1st April this year for domestic-size solar panels with an eligibility date on or after 3rd March 2012. Other tariff reductions apply for larger installations.
• The Department has listened carefully to feedback on the energy efficiency proposals that we put forward in the consultation of 31st October. Properties installing solar panels on or after 1st April this year will be required to produce an Energy Performance Certificate rating of ‘D’ or above  to qualify for a full FIT. The previous proposals for a ‘C’ rating or a commitment for all Green Deal measures to be installed was seen as impractical at this stage. We estimate that about half of all properties are already eligible for a ‘D’ rating.
• From 1st April 2012, new ‘multi-installation’ tariff rates set at 80% of the standard tariffs will be introduced for solar PV installations where a single individual or organisation is already receiving FITs for other solar PV installations. This reflects the lower costs of such installations, as they benefit from the economies of scale. Based on the feedback  received, the threshold is set at more than 25 installations. Individuals or organisations with 25 or fewer  installations will still be eligible for the individual rate. DECC is now consulting on a proposal that social housing, community projects and distributed energy schemes be exempt from these multi-installation tariff rates.
• The tariff for micro-CHP installations will be increased to recognise the benefits this technology could bring and to encourage its development.

A BETTER FIT SCHEME FOR INDUSTRY

• In line with the evidence of falling costs for solar PV, DECC is proposing to peg the subsidy levels to cost reductions and industry growth to provide more certainty for future investments.  This will ensure that subsidy levels keep in step with the market. It builds on the best of the existing German system and will remove the need for emergency reviews.
• Using budget flexibility to cover the overspend resulting from high PV uptake this year, while still allowing £460 million for new installations over the Spending Review period. This won’t have any impact on consumer bills beyond the agreed overall cap on renewable subsidies as it will primarily be funded from an under spend on the budget allocated for large-scale renewables.

 

Tags: 21p/kwh, green deal, Greg Barker, solar fit, solar fit news, solar fit update, soral investment, UK Green Policy

The Enterprise Investment Scheme (EIS) is designed to help

smaller higher-risk trading companies to raise finance by

offering a range of tax reliefs to investors who purchase new

shares in those companies. Companies who are AIM and

Plus-quoted are covered in tax terms.

Income tax relief – Provided an EIS qualifying investment is

held for no less than three years an individual can reduce

their income tax liability by an amount equal to 30% of

the amount invested. The minimum subscription is £500

per company and the maximum per investor is £500,000

per annum. Any individuals who have not used their EIS

entitlement in the previous tax year can subscribe for up to

£1,000,000 of EIS qualifying shares in the current tax year

and treat £500,000 as subscribed in the previous year. Over 7

Billion has been raised into EIS companies

across the country since the schemes inception

in 1994. These range from small ‘friends and family’ rounds,

business angel investments where individuals are contributing

skill as well as funding, through to formal public offers and

EIS funds. The market is fragmented and often it is difficult to

find suitable investments or information about the company

or fund managers. The number of more professionally

managed EIS funds now is growing and this sector is

becoming more established.

 

SOLAR POWER

The UK Government has used powers under the Energy Act

2008 to introduce a system of feed in tariffs FIT) to incentivise

small scale, low carbon electricity generation by providing

“clean energy cash back” for householders and expects

an approximate rate of return of up to 8% per annum for

well sited installations, preferably south facing in order to

maximize the power that can be generated.

The Company has secured the purchase of up to 135

Systems which will have been installed prior to 12^th

December 2011 via Solar Power companies within the UK for

free. This guarantees Tax Free FiT payments for 25 years.

The Company intends to use the money raised by this private

placing to acquire the Systems from Solar Power companies

for £18,000 per System.

However, due to the fantastic returns and the great high take up

of the opportunity the Government has

decided to reduce the Fee in Tariff from 43p to 21p. Again we

planned ahead to secure a further 1,000Premium Solar Systems which

will generate the exact same benefits & guaranteed returns due to the volume

related discounts secured from the high numbers of systems purchased on your behalf.

INVESTMENT & RETURNS

Investors can invest their funds in our EIS which guarantees

30% Tax Relief on their investment, guarantee returns of 5%

to 8% Tax Free for 25 years, comes with 100% Inheritance

Tax Relief & Capital Gains Tax Deferral Relief, guaranteed

return of the initial Lump Sum Tax Free, minimum 4 years

investment period & DOUBLE Tax relief status.

TARGET MARKET

This document & offer is directed to High Net Worth &

Sophisticated individuals, Professional & Independent

Financial Advisers & Accountancy practices.

This document is for marketing only and advice should be

sought from independent IFA‘s before decisions are made to

invest,  The content of this promotion has not been approved by an authorised

person within the meaning of Financial Services and Markets

Act 2000 (as amended) (“FSMA”). Reliance on this promotion

for the purpose of engaging in any investment activity may

expose an individual to a significant risk of losing all of the

property or other assets invested.

Solar Power Investments has created financial vehicles

for investors to maximise their returns whilst benefiting

from tax relief on both the Investment and the returns,

which is unique in the industry.

A sustainable power source, a sustainable investment

EXAMPLE

£100,000 invested – £30,000 immediate

Tax benefit

£5,000 to £8,000 return Years 1 – 4

and the entire £100,000 returned to the

investor anytime from Year 4 to Year 25

Total Returned minimum – £150,000 minimum

& £162,000 after 4 years

To register for more information please visit:

www.SolarP​owerInvest​ments.co.u​k/AmazingI​nvestments

This document is for marketing purposes only & all generated enquiries will be directed to a qualified & authorised Financial Adviser

Tags: 000 investment, 100k investment, 18, eis, eis tax reduction, solar investments, tax efficient solar investment, uk solar investment