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Freetricity

Fand
Fand Posts: 3 Newbie
We have had a phone call to let us know we can have free electricity for renting our roof out for solar panels to Freetricty for 25 years, Anyone know anything about them?

Comments

  • you`ll save on average of £70 a year (can be up to £120 if you have a larger family who are in alot) - thats from information and case studies from the energy saving trust.

    anything extra `the feed in tarrif` - worth alot lot more will go to the `freetricity` for the next 25 years.
  • chris1973
    chris1973 Posts: 969
    Part of the Furniture 500 Posts Combo Breaker
    Forumite
    edited 3 August 2011 at 12:02PM
    you`ll save on average of £70 a year (can be up to £120 if you have a larger family who are in alot) - thats from information and case studies from the energy saving trust.
    Although bear in mind that the average household is likely to pay anything upto £100 extra a year in utlility bills in order to cover the cost of paying out these F.I.T payments, and assuming that the OP will still need a connection to the grid and be paying Utility company charges then the saving really won't be that big, indirectly.
    Although the Feed-in Tariffs are a government initiative, the monies used to pay you is paid into by electricity suppliers. Suppliers are recovering this cost through an increase in electricity bills to standard consumers.
    http://www.thesolargeneration.co.uk/feed-in-tariff.html

    So technically the OP will be paying back her own feed in tariff through increased costs in her other utlilities..........
    "Dont expect anybody else to support you, maybe you have a trust fund, maybe you have a wealthy spouse, but you never know when each one, might run out" - Mary Schmich
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