This is part of the government funded feed in tariff fit program and is an element of the uk s overall effort in meeting eu 2020 renewable obligations targets.
Eon solar panels feed in tariff.
Having solar panels on your roof allows you to become more independent from the national grid reduce your home s impact on the environment and have greater control over how and when your energy is used.
Feed in tariff payments are made up of two elements.
The smart energy guarantee replaces the feed in tariff scheme.
Octopus energy bulb and eon have solar pv tariffs now.
If you re looking to install solar panels now find out about the smart export guarantee for solar panels instead.
Find out how to apply.
You re paid for all the electricity you generate it doesn t matter if you export it to the grid or use it all yourself.
New solar panel owners will be paid for electricity they put into the grid from 2020 the government announced.
Smart export guarantee tariff features companies tariffs also vary by whether they are fixed or variable how you ll be paid cheque or bank transfer payment frequency and exit fees.
If your installation was fitted after 15 july 2009 and has a declared net capacity of 50kw or under it must be mcs accredited to qualify for fit payments.
The feed in tariff fit is a government run scheme designed to promote small scale renewable electricity generation for example solar panels or wind turbines.
Powering your home with solar energy is the world s fastest growing renewable energy solution and could see savings of up to 400 a year 2 on your electricity bills.
There are limits known as deployment caps on the total amount of generating capacity that can receive a particular fit tariff within different periods.
But if you ve got any questions about keeping your solar panels in good condition whether you re an e on customer or not our solar care team can help.
A feed in tariff is a payment you can get if you generate your own electricity eg with solar panels or a wind turbine and you can also sell energy back to the grid.
They are payable for up to 20 years 25 years if you signed up before august 2012 and usually paid each quarter.
Eon also offers two tariffs one of which fix export exclusive v1 pays a higher rate for those who use eon for their solar panel installation.