Feed-in Tariff Boosts Solar Uptake

15/6/10 - PriceWaterhouseCoopers has revealed in a recent report that the UK market for solar photovoltaics (pv) is expected to expand five fold over the next year and 30 times over the next five years. The dramatic rise comes as a result of the new Government backed feed-in tariff paying a premium for ever unit of electricity generated by solar pv panels. Despite this impressive rise, the UK still lags a decade behind other leading European countries on solar installations.


"The number of installations has dramatically increased since the Feed-in Tariff was introduced in February 2010," said Rupert Higgin, business development director of The Green Electrician. "The financial sense for installing PV on one's own property is now a no-brainer. If someone was offered a savings account with these sorts of returns, they would not think twice about it. Over the next few years, the early adopters will do very well financially whilst also feeling they have done something to help the environment."