The new UK 'Feed-in tariff' makes it easy for schools to go solar!
What is the Feed-in tariff?
The Government finalised their Feed-in Tariff, also know as the ‘Clean Energy Cashback’ scheme on February the 1st 2010. This means that from April 2010, schools who install solar electric systems will be paid a substantial premium for all of the electricity they generate. Installing solar is now a fantastic investment, as well as a hedge against rising electricity prices and a way to cut carbon. Download an explanation of the Feed in Tariff for schools as a pdf:
Key points of the scheme
What this means in practice
Here’s an example of what this could mean, based on a typical size (4 kWp) school solar system on a south-facing roof in the UK:
For a fully installed 4 kWp system the typical cost is around £16,000.
The system should generate approximately 3400 units of clean electricity every year.
The school will receive 41.3p for every unit generated resulting in an income of £1400 per year.
Some of the electricity from the system will be used by the school instead of grid electricity, and the rest exported to the grid - If this is split 75:25, the school will get £331 of electricity savings and £25 of export income as well the £1400
Resulting in a total of £1756 of income and savings per year.
These values are inflation-linked, so what the school receives will go up each year. The system pays back in about 10 years.
Solarcentury established Solar4schools in 2008 and has since completed more than 250 solar installations on schools throughout the UK. If you are interested in solar for your schools please e-mail solarschools@solarcentury.com.