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Solar Photovoltaics and the Feed in Tariff

Solar Panels Generates Electricity From Daylight

Jacob Eco Energy Ltd is the first Solar Panel Installation company in Manchester to be MCS approved (Microgeneration Certification Scheme). Only solar panels fitted by a MCS approved installer can access the payments for the Feed-In-Tariffs.

Money Generated from Solar Panels

  Size of Solar Panel System
Income and Savings generated 2 kWp 3 kWp 4 kWp
Average initial cost of installation £6,495

£7,495

£8,995
Estimated Annual Generation from solar panels (kWh)* 1,717 kWh

2561 kWh

3,414 kWh
Estimated Income from Feed In Tariff (25 years) £13,925

£20,891

£27,8504
Estimated Savings on electricity bills (25 years) £7,912

£11,871

£15,825
Total Payback (25 years) £22,199

£33,306

£44,399
Estimated payback (years) 10.6 years

8.5years

7.8years
ROI in year 1 (%) 7.8%

10.1%

11.2%
Carbon dioxide reduction over 25 years (Kgs) 22.84

34.27

45.68

*Based on government SAP calculations – south facing, 30 degree pitch, no shading and at the new FIT rate of 21p.

The Feed in Tariffs are index linked to the RPI, thus adjusted to keep in-line with inflation and tax free for domestic installations.

The Feed-In-Tariffs are guaranteed for 25 years from the date of your installation.