Posts Tagged ‘renewable energy’

The Sun is Setting on Solar Feed in Tariffs

Wednesday, September 26th, 2018

Article reproduced with permission of author Gary Brandwood of Perfect Sense Energy

2018 is moving exceptionally quick so far, and that means the end of the Solar feed in tariff scheme is getting closer. As of March 2019, the government will be removing the Solar PV incentive they launched in 2011 but there’s still time yet.

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Energy Efficiency Starts With Being Smart

Wednesday, February 3rd, 2016

Led lighting, solar panels, PV panels, biomass boilers, building control systems, ground heat pumps, wind turbines…….. The number of energy efficient solutions within the market place today is vast and confusing, but if this is your bag are you in danger of putting the cart before the horse?

Every energy efficiency solution is backed by reams of data proving the amount of energy you can save which is great, but if you don’t understand what energy you use now then how can you measure the energy you save in the future?

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87% cut to solar rebates imminent

Monday, September 14th, 2015

The Department for Energy & Climate Change (DECC) has proposed huge cuts in the feed in tariff rates (FiTs) for solar PV installations of as much as 87% by 1st January 2016.

FiTs provide long-term financial incentives to businesses that generate their own electricity from renewable sources. Once accredited under the scheme, installers are eligible for guaranteed “generation” payments for the power that they generate and “export” payments for additional power that they send to the grid over the life of the generation equipment.

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How is your electricity price calculated?

Tuesday, July 21st, 2015

The general perception about electricity prices is that the price you pay is just made up from the wholesale cost of the electricity plus the margin your supplier adds to that price.

Whereas these elements do create some of the cost the wholesale price of the electricity is sometimes less than half of the overall price you pay.

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Electricity Market Reform Explained

Wednesday, May 27th, 2015

Electricity Market Reform (EMR) is the Government’s response to the three main issues facing the UK energy market in the future – reducing carbon emissions in the generation of electricity, securing constant supply, and minimising the price paid by the consumer.

EMR was introduced by the Energy Act 2013 and will see the introduction of two new reforms to the energy market, the Contracts for Difference (CfD) and Capacity Market, from the end of 2014.

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Energy efficiencies outlined by Government

Monday, July 21st, 2014

Business, industry and other organisations will get help to cut their energy costs with £10 million available this year to improve efficiency and reduce energy demand, Energy and Climate Change Secretary Ed Davey announced. He also unveiled new plans that will remove barriers to investment in energy infrastructure.

Mr Davey told this years’ CBI’s Energy Conference that the energy sector had seen £45 billion of investment between January 2010 and December 2013, with nearly £8 billion investment in renewable technologies in 2013 alone.

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Energy companies look to recover the cost of feed in tariffs

Wednesday, March 20th, 2013

Scottish & Southern Electricity (SSE) has become the first of the UK’s major energy suppliers to look to recoup the cost of feed in tariffs (FIT’s) from its customers. Those customers will be receiving a letter to explain that they will see a new charge on their future bills of 0.243 p per KwH to cover these additional costs.

So are these new increases fair, are they allowed to add charges, and what about the rest of the suppliers?

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What Are Feed In Tariffs?

Wednesday, March 20th, 2013

Feed-In Tariffs were introduced on 1 April 2010 and replaced UK government grants as the main financial incentive to encourage uptake of renewable electricity-generating technologies

FIT’s achieve this by offering long-term contracts to renewable energy producers, typically based on the cost of generation of each technology. Technologies such as wind power are awarded a lower per-kWh price, while technologies such as solar PV and tidal power are offered a higher price, reflecting higher costs.

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