perfect timing for meOooooo 0% on solar installs now.
Likewise, especially if I can now split a battery and PV install without VAT penalty.perfect timing for me![]()
Hopefully the cost of the kit won’t jump up in price due to the increased demand.Likewise, especially if I can now split a battery and PV install without VAT penalty.
EDIT: 0% for 5 years. Details on exactly what is covered not released yet, but Rishi said "...such as solar panels, heat pumps, and insulation...". Hopefully a battery install will be covered.
(FiT is something silly like 56p/kWH)
A bit niche, but has anyone upgraded their solar install?
We had a 3.75kW system installed in 2012/13 right before the FiT rates dropped through the floor, so it's getting on for 11/12 years old now. The panels have easily paid for themselves in that time (FiT is something silly like 56p/kWH) but I'm more interested in storing or using the solar than getting paid for that which I generate. I've been looking at solar batteries, which got me thinking about upgrading the solar array itself too.
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FiT has gone, now its Smart Export Guarantee - between £0.05 and 0.03ish apparentlyFiT is no longer available right? Any rumours of it coming back? Would be nice as then no need for batteries..
I think that 56p FIT tariff is the generation payment - the export payment is on top of that, assumed at 50% !Huh, surely you're making more money from any feed in that it'd be stupid to change anything to store it as you can buy it from the grid cheaper than what you're selling it for.
As per @SDK^ above... the export payment is less as they assume you use 50% of what's generated and only offer 3.90p/kWhHuh, surely you're making more money from any feed in that it'd be stupid to change anything to store it as you can buy it from the grid cheaper than what you're selling it for.
You can’t really complain - you are paid a lot to generate your own power, paid again on the export which is assumed at 50% (might not be all of thatAs per @SDK^ above... the export payment is less as they assume you use 50% of what's generated and only offer 3.90p/kWh
This is my statement from December 2020 - Sept 2021
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Definitely not complaining.. would be nice to store the solar in a battery and use it myself when I get home from work though.You can’t really complain - you are paid a lot to generate your own power, paid again on the export which is assumed at 50% (might not be all of that) all whilst saving on sky high energy costs.
Good work![]()
Waste of time, better off with a battery then. I don’t get why they do that. Why not offer 15-20p? That would help encourage people to install it which would mean more energy for the grid at a cheaper price and on top help the country be more green and need less batteries which is also green…FiT has gone, now its Smart Export Guarantee - between £0.05 and 0.03ish apparently
@SoliD maybe you should get a re-quote done now for your install. 0% VAT on the solar, but unsure if they include the batteries as 0% as well, if they don't then it might end up costing more. Maybe worth waiting for clarification, as I can't see the documents on the Gov.uk website yet confirming what will be included.
My installer has just updated the price with 5% VAT removed, and that's on everything including batteries.Does anyone know if this 0% VAT is effective immediately or in due course? Couldn't see the detail, but worth me holding fire for that I think!