The grants that are available through the government for the use of solar energy are called Feed-In Tariffs (FIT). The income-based grant is calculated based on £1 per Kwh produced. This is paid whether the energy produced is used independently and individually, or if it is used to provide others with a source of energy.

Another grant that will be available in April of 2011 is called the Renewable Heat Incentive Grant (RHI). It is offered to those using solar panels to produce energy, and is calculated based on £18 per KW produced. This means that an income resulting from the installation of solar panels is guaranteed. This grant lasts up to 25 years.

Although solar panels are generally affordable, they may still be out of reach for some consumers. As a result, there are alternative incentives available for those who cannot afford the installation of solar panels. This is in the form of a governmental subsidy that can total up to £400 up front to aid in the cost of installation.

The UK government is initiating these incentives as part of an initiative to standardize renewable resources. Rather than being funded through a government program, though, these incentives will be funded through increasing energy prices for those who opt to continue using conventional energy sources. As a result, while costs will be substantially lower for those who transition to solar power, costs will be substantially higher for those who continue using the grid. Moreover, those who use the grid will be paying entirely out-of-pocket while those who use solar energy can receive governmental assistance for installation as well as annual income for using solar energy.

In order to find out for what subsidies and grants you qualify, simply enter your postcode and let us help you find your solar solution today.