Co-op to install free solar panels in Bristol

By Katie Anderson on May 16, 2012

Residents in Bristol are set to benefit from solar PV technology after a local co-operative announced plans to install free panels on homes across the city.

Bristol Power is planning to introduce the scheme on a trial basis in Lockleaze. Should it prove successful, the co-op intends to make free solar panels available throughout the city. This would provide residents with access to free renewable energy, whilst money generated by exporting surplus electricity to the National Grid would be retained by Bristol Power.

The ambitious project comes after the British Government reduced Feed-In Tariffs (FITs) from 43p per kWh to 21p per kWh. Solar subsidies are expected to fall to 16p later this year and further reductions ought to be anticipated as the manufacturing cost of solar panels decreases.

Bristol Power is not a private company, however, which means that it does not exist to generate profit. Whilst private firms have criticised the decision to cut solar subsidies because it lessens their profit margins, Bristol Power, as a co-op, can possibly afford to operate in the sector on less favourable commercial terms. Any profit generated by the organisation must be reinvested in the initiative.

Bristol Power’s David Saunders explained: “We want to offer people the opportunity to join an energy co-operative which would give them the chance of solar panels on their roof and much cheaper annual electricity bills”.

Mr Saunders added: “In Bristol, there is enough roof space for 700 megawatts of solar power. That’s the equivalent of a decent sized power station”.

Residents in Lockleaze are set to become the first people to benefit from the scheme. Participants need not pay anything towards the cost of solar panels, as these will be supplied and installed using co-op funds.

During the spring and summer months, households will be able to enjoy free solar electricity generated by the panels. There will be times when participants must purchase energy from suppliers, but savings generated when the sun does shine (even through light cloud) should still equate to more than £200 a year. This could be enough to lift some families out of fuel poverty, whilst alleviating the burden of many others.

Earn over £1,000 per year via the Feed-in Tariff

Save up to £200 per year with a Solar PV (photovoltaic) installationDid you know that a Solar PV system can reduce your energy bills but also make you money by selling any unused energy back to the grid?

This not only helps you financially but also the environment by lowering your CO2 emissions by up to 1000kg p/a.

 

 

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About the Solar Feed-In Tariff

The Feed-In Tariff applies to Solar PV (electricity) systems

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About the Renewable Heat Incentive

The Renewable Heat Incentive applies to Solar Thermal (hot water) systems

 

Did you know?

Earn Money via the Feed-In TarrifThe Government's Feed-In Tariff was launched on April 1st 2010 to encourage homeowners to generate their own electricity - it is split into two methods of revenue.

The Generation Tariff earns you a fixed income for every kilowatt hour of electricity you generate. And, The Export Tariff earns you income for every kilowatt hour you generate and sell back to the grid.

An average 3/4 bedroom house fitted with 2.5kw Solar PV panels and normal electricity usage would earn over £850 p/a tax free!

Add this to an approximate £145 reduction in your electricity usage and you could benefit by over £1,000 per year.

Try our Solar PV Feed-In Tariff Calculator to assess your potential payback.

 
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