Farming businesses 'enthusiastic' about solar panel installation - 20/05/2011
Business energy users in the agricultural sector have shown much enthusiasm for the take-up of solar micro-generation projects.
According to Anna Hill, a journalist contributing to the BBC Farming Today podcast, government proposals to change the feed-in tariff scheme for farmers generating a lot of cheap electricity from solar panels would see them getting less money for selling the excess onto the national grid.
"The larger projects will not have the same rate of return as previously expected. So rather than earning ten per cent or in a few fortunate cases, a little more than that, they will be dragged down to maybe five or six per cent return on investment," she explained.
However, the understanding is that projects below 50 kilowatts in size will not be affected by the proposed changes.
Meanwhile, Natwest and RBS have launched a £50 million fund to help meet demand from businesses wanting to install wind turbines and generate their own commercial electricity.
Over the last few years, our customers have saved up to £1,645 a year. Contact us today on 0800 970 26 26 to find how much you can save.
Share this story with your colleagues:-
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal