2. Key Factors: |
1. Twenty year Feed-in-Tariff payment contract is guaranteed by the UK Government. |
2. Feed-in-Tariff contract began in November 2013 and will continue until November 2032. |
3. Feed-in-Tariff payments as index-linked to increase by inflation year-on-year. |
4. Feed-in-Tariff payments as free of all taxes - no VAT and no income tax. |
5. All solar electricity generated may be used free-of-charge. |
6. Expect about 3800 KWH units to be generated each year. |
7. Expect electric generation income to be about £700 per year. |
8. Expect free electricity used to be worth about £500 per year. |