December saw one of our busiest months yet at Electrikcollective with 5 installations all completed locally. With the latest FIT cuts due to come into force on 31st December 2014 customers were keen to complete before the deadline. The FIT tariff cut has not been significant though, down from 14.38p per kW/h generated to 13.88p. Wholesale prices remain good and we are still providing quotes with around 8 years payback and 12% return on investment.
It’s easy to improve these figures by adding an immersion controller to the system if you still have a cylinder; from as little s £305.00 + VAT a ‘Power Diverter’ can divert excess energy generated by your solar PV into the cylinder automatically. The Lincolnshire manufactured ‘ImmerSUN’ goes a step further as it can control 2 devices, so once you have a tank of hot water, it can turn its attention to a heated towel rail or underfloor heating mat! Energy saving devices such as these really do increase the value of the solar and save money on your bills!