The Green Deal: a new stimulus with respect to the solar panel marketplace?

The solar panel installation industry has had a challenging month. It's suffered a wide variety of set backs from the government with diminished economic incentives for customers meaning many solar panel installers could be battling for business in the new year. However, the government has recently launched a consultation into the idea of a ‘green deal’ incentive scheme. Even though the substance of this plans and incentives just isn't known fully, this article discusses what exactly is known about the scheme and the way it might help the industry.

Solar panels: the problems the industry faces Up until the past month or so the solar panel industry was without question taking pleasure in a boom. The feed in tariff rates were at an all-time high and customers were flocking to take advantage of an incentive system whereby a standard household that has a solar panel installation could see itself make close to £1700 of benefits annually. However, individuals along with installers alike were dealt an unwelcome and potentially devastating blow when it was just lately proclaimed the feed in tariff rates were to be decreased drastically, and that currently residences and buildings would need a minimum energy rating prior to installing solar panels. Mass hysteria soon gripped the industry with suggestions that the government had acted rashly and set in peril thousands of jobs and spelled the end of the end of the solar panel industry. Having said that, a current government consultation has been unveiled studying the probability of assisting domestic installations become much simpler and attractive for the consumer. This particular inducement under assessment is named the ‘green deal’.

Solar panels and the ‘Green Deal’ The green deal is basically an incentive plan to aid Britain move away from its addiction to fossil fuels and towards a more sustainable energy consuming nation. Provisions were made for this from the Energy Act 2011 however the actual details are currently under review in a government consultation process that has just very lately been launched. The basic premise of the incentive is known, and down below are the important points and supporting ideas which are known with regards to the scheme.

The central characteristic or modus operandi of this completely new green deal is that it will eliminate requirement for consumers to pay upfront for their solar panel installation. As it stands an average sized solar panel installation will cost you around £10,000, an amount of money very few folks have available. However with this new incentive individuals who like the idea of solar panels but who couldn't necessarily afford them before, all of a sudden have a new avenue to explore and a method of getting a solar panel installation on their rooves. The constant repayments due will be paid through a homes existing energy supplier on the pre-existing basis they pay their bills and will likely be offset against the feed in tariff funds they create. To be able to see whether you are eligible for this inducement a green deal examination will need to be carried out. The nest question of course is where may i get this kind of solar panel installation from?

Where can I get ‘green deal’ solar panel installations from?

Never assume all solar panel installer will end up being able to offer this sort of system. The green deal restrictions means that installers have to be approved, and will also be at the mercy of reems of legal guidelines in order to safeguard the consumer. In fact there's a green deal code of practice that installers will likely be required to comply with if they are to retain the green deal installer accreditation. Together with independently certified green deal installers the local authority will additionally have green deal installers themselves. The choice is designed for the consumer but the top deals are likely to be located with the former.

Simply what does this mean for the solar panel industry?

Although this is only early on in the consultation procedure the green deal does signify a prospective path for the industry to get back on its feet. Not only this but people can have easier access to environmentally friendly and alternative energy production technology. The only thing that remains now is to view the conclusions of the consultation process!