Across the world, people are contributing to global warming by burning fossil fuels to generate electricity when there is ample solar power available to meet everyone’s needs. There are not enough solar panels UK to harness this energy although solar energy can deliver far more energy in the UK than any other renewable energy technology. Solar energy is one of the few sources of electricity that is feasible for homeowners to generate.
Right now, the feed-in tariff, even at the new reduced rate, makes the investment in solar panels UK feasible. Without this tariff, it wouldn’t pay homeowners to have solar panels installed on their rooftop as these panels typically only generate (depending on the installation) about half of a family’s electricity needs. Only solar PV solar panels UK systems installed and commissioned before 12th December 2011 will be eligible for the 43.3p tariff, it has been halved for installations occuring after this date.
This is expected to have a huge impact on the solar panel installation industry, layoffs and smaller firms going out of business are predicted. The 43.3p tariff was thought not to be sustainable by the industry but to homeowners struggling with fuel poverty, it was a blessing. It will be interesting to see the future of solar panel installations for domestic use in the UK during 2012.