How much money could I receive?

The amount of money you receive depends on the type and size of the system you use to generate the renewable energy. The good news is that the biggest payments come with solar PV panel technology with as much as 41.3p per Kilowatt hour available – click here to see the official tariff levels table for all renewable energy technology.

As well as the payment you receive for generation, an extra 3p per Kilowatt hour of electricity produced that is exported to the grid will also be received, taking it to a total of 44.3p/kWh.

According to the Government, these tariffs should cover the initial cost of the installation of the technology with a return of up to eight per cent. With solar PV panels installed, that means you should earn back the capital costs of the installation two or three times over the duration of the tariff as well as making sufficiently reducing your bills.

Please see the Ofgen website for up-to-date tariff pricing.