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We're part of a world-wide community movement in response to peak oil and climate change. This site gives you details of our up and coming events and meetings, as well as reports and related matters that are going on in Norwich and East Anglia.

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Wednesday, April 7, 2010

NEWS: Solar Energy - New PVs on offer!

Transition Norwich have a great opportunity to work directly with Solar Century - a reputable company set up by Jeremy Leggett of peak oil fame - to bulk purchase at a discount the latest PV technology for domestic solar electricity and utilising the Goverment feed in tarriff ( FIT) which starts on April 1st. The introduction of the FIT completely changes the arithmatic on payback periods for PV, making it more like 10 years to the previous 25 or 30 years.

The scheme, which is being offered to different Transition initiatives in the UK, goes like this: if a minimum of 20 households within TN 'sign up' Solar Century calculate that on an 'average' U.K. house, with the system they install, and the current government payment for energy 'exported' (under the FIT) by the PVs paid at 41.3P per unit, there would be a payback for each household of about a £1,000 per year. This is assuming that 50% of the generated electricity is used by the household, and the other 50% is exported. This proportion will obviously vary according to your own particular circumstances and current useage. In addition there is a third party ownership option under this new scheme, suitable for those who cannot afford to buy the equipment for themselves. Under this option, householders would pay a small upfront amount, and gain the savings from energy generated and used themselves - the FIT payments would go to the third party. Ownership would be transferred to the householder after 25 years. (Chris Hull/Core Group)

If you are interested in taking part in this scheme, please fill out the surveymonkey here now! http://www.surveymonkey.com/s/solar. This does not commit you to the scheme. The more householders we get signing up, the more discount we will get on the purchase. If you have any questions please ring Chris Hull ( 01603 664928)