Solar panels are virtually maintenance free and come with a 25 years performance guarantee. A Solar system does not only provide you free electricity for life, but you will be paid for all the electricity you generate. These payments called Feed In Tariff (FiT) and Export Tariff are Index linked, Tax Free and Guaranteed for 20 years.
Due to these benefits of solar energy, the alternative method to provide energy, has become so popular that between 2009 and 2016 over a million homeowners have installed Solar electric systems. (source DECC).
During the three months from April to June 2016 some £317,276,659 (three hundred and seventeen million) was claimed in FIT payments. The FiT is collected from all energy consumers in the form of a “levy” which is added to everyone’s electricity bills. So while you are thinking about installing a solar system for your property or land, you are paying towards the millions being paid out to those homeowners who have already installed theirs.
A solar photovoltaic system can provide annual returns of up to 12%. These returns are Index Linked, Tax Free (for homeowners) and Guaranteed for 20 years.