Did you know?

The most common semi conductor material used in photovoltaic cells is silicon, an element commonly found in sand. There is no limitation to its availability as a raw material, it is the second most abundant material in the earth’s mass

 

So how much can you save?

The financial calculation is different in England, Scotland and Wales and Northern Ireland, depending on which FiT you will be claiming ................................

UK

You will be paid by your energy provider 15.44p for each Kw/h you
generate, which would be
3434Kw/h x 15.44p per unit = £530.15

Using 50% of the generated electricity would offer a saving on your
annual electricity bill of
1717KW/h x 15p per unit = £257.52

The remainder of the generated electricity would be exported back to the grid for which you would get paid 4.5p per unit
1717KW/h x 4.5p = £77.26

Total annual income & Savings
£530.15 + £257.52 + £77.26 = £864.92

 

Based on 4kwp installation, on a south facing roof, with minimal shading, a 30 degree roof angle, installation carried out  before feed in tariff cut off date of 1st May 2013. Assumed 50% of own usage.

Northern Ireland

You will be paid by your energy provider 17.64p for each Kw/h you
generate, which would be
5150Kw/h x 17.64p per unit = £908.46

Using 50% of the generated electricity would offer a saving on your
annual electricity bill of
2575KW/h x 15p per unit = £386.25

The remainder of the generated electricity would be exported back to
the grid for which you would get paid 4.5p per unit
2575KW/h x 5.41p = £139.07

Total annual income & Savings
£908.46+ £386.25+ £139.07 = £1433.78

 

Figures based on 6kwp installation, on a south facing roof, with minimal shading, a 30 degree roof
angle, installation carried out  before ROC cut off date of September  2013. Assumed 50% of own use.

The answer to this also depends on how much of the energy that you generate you can use yourself. The more of your own energy you can use the better the saving for example...

The previous calculations are based on the assumption that you will use 50% of your own energy and sell the remaining 50% back to your energy supplier. However if you are able to make use of 100% of your own energy, you can make further savings.  If Mr A generates 2kWh and sells 50% of this energy back to his energy supplier he benefits by..............

1000 x 0.045p = £45.50  and 1000 x 15p = £150 which is a total of £195.50

If Mr B generates the same 2kW and sells 0% back to his energy supplier he benefits by...

2000 x 0.045p = £0 and 2000 x 15p = £300 which is a total of £300

So you can see that the more of your own energy you can use the better off you will be financially. There is a lot you can do to make the most use of your own energy. If you get in touch we can give you more information on this subject.

How can I find out more?

 

Contact Details

S Magill Contracts
2 Drumgask Rd,
Craigavon,
County Armagh,
BT65 5DY

 

02838220069

 

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.smagillcontracts.co.uk

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