Welcome to Evolved Energy
Evolved Energy are specialist installers of solar PV systems to generate electricity for domestic and commercial customers. Often recommended our straightforward approach will allow you make an informed decision with no hard sell.
Why think about solar PV?
Rising electricity prices – As electricity prices are on the rise it is only natural to consider alternative ways to generate power. A solar PV system will allow you to generate your own electricity which means buying less form your normal supplier making your bills go down. Simple really.
Impressive returns – As part of the government’s commitment to renewable energy the Department of Energy and Climate Change have set up a financial incentive known as the Feed In Tariff to make installing a solar PV system more attractive. So on top of your bill reducing, your system will generate an income too.
Green Credentials – Powered by daylight from the sun with no harmful emissions, solar energy is an environmentally friendly source of power and will contribute to a lower carbon footprint.
Is it worth it?
The Feed In Tariff or FIT helps to make installing a solar PV system more attractive. Solar PV systems in Stamford or anywhere else will help move the UK away from conventional energy sources and reach the European energy target in 2020. Homes, businesses and community groups can qualify so on top of the electricity bill savings a solar PV system will generate an income.
The Feed In Tariff – It’s a 2 step process
Step 1 – The Generation Tariff
Systems will receive a payment for every unit or kilowatt hour it generates. The amount per unit will depend on the size of the system.
Step 2 – Bill Saving and Export Tariff
Once the electricity has been produced it can be used on site for free or automatically feed into the grid. If it is used on site it means that electricity is not being purchased from a conventional supplier reducing the bill. If it is not needed on site it will automatically be fed into the grid network and be eligible for the export tariff
As daylight is generally consistent year on year we can calculate how much electricity each system will generate. From there we can estimate how much electricity will be used and therefore what the bill saving might be. We can also estimate what the income from the generation and export tariff will be.
As a guide each system will pay for itself in under 10 years and can be as quick as 6 offering a return on investment between 10% and 15%. For domestic customers this can be tax free. The Feed In Tariff contract will run for 20 years so once the system has paid for itself it will generate a healthy profit. There’s more – the payment rates are linked to inflation so your investment won’t weaken over time.
If you would like a free survey to see how a system might help you please give us a call