Feed In Tariff example of a Standard 4 kilowatt system
We provide a free quotation service and all our quotes for solar PV systems are fully inclusive (solar PV modules, inverter, DC cabling, switches, generation and display meters, AC connection and scaffolding).
We will recommend the most appropriate size of solar PV array for your roof and your individual requirements. We ensure that each bespoke designed solar PV system is going to be as effective and efficient as possible – give us a call for your free quote on T: 0191 340 7001 OR email us at firstname.lastname@example.org.
Costs assume a typical 4kWp on-top solar PV system on a concrete tiled roof at a pitch of 40 degrees, facing due south with no shade:
|Example of 4kW domestic PV system|
|Materials, installation & commissioning||£4,285|
|VAT at 5%||£215|
|Output (South facing roof, Newcastle, no shade)||3,616kWh|
|Estimated payment time||8.6 years|
|Rate of return (IRR)||11.63%|
|Income breakdown||Year #1||20 years|
|Electricity savings on your bill
(based on 50% self-use and electricity cost of 14.05p)
|Export income (50% deemed export)||£87||£1,740|
|Total income (tax free)||£523||£10,460|
|Calculations assume a 3% general rate of inflation and electricity inflation also at 3%. Payback calculation allows for replacing the system inverter once during lifetime.|