BGN Entrepreneur

Plans to reward eco-friendly homes for green energy, produce their solar panels get a muted welcome. The clean energy cash-back plan is known as “feed-in tariffs”, which offers incentives in April for those who install small scale renewable energy to their homes.
The government argued that one in 10 homeowners can fit panels or small wind turbines by 2020. But the system has been criticized as not generous enough. The United Kingdom is approximately 5.5% of its electricity from renewable energy sources and to have taken the green targets in 10 years, increasing this to 30%. The feed is the way households and communities to think about their future energy needs to Energy Secretary Ed Miliband.
Under the program, people will be paid a fixed interest rate lower from its energy supplier for electricity from renewable energy sources. You could also save money on their bills. Homeowners who install photovoltaic panels could earn £ 900 per year when she said in the first place in the technology, along with saving £ 140 per year on their bills, the Department of Energy and Climate Change (DECC).
Renewable energy groups, people will beat a 5% to 8% return to their original green investments have up to 25 years, although installing this technology is still relatively expensive. Solar panels and wind turbines of up to five megawatts, for the electricity they generate will be paid even if the homeowners are they.

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