The recent government backed injection of cash through its Feed-in Tariffs (FiT) scheme has caused a huge increase in renewable energy installations in the UK.

Oxfordshire Farm Invests in Photovoltaic system

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As a 28kW system which should on average generate 23,500kW of electricity a year, the system is in the 10-100kW Feed-In Tariffs band. As such, Mr Ingram will be paid 31.4p/kWh for the electricity he generates plus an additional 3p/kWh for any surplus that is exported back to the grid.

New tarrifs slash pay back time

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For more information see Ownergy site.