The long awaited Feed-in tariffs for renewable energy generation and renewable heat production have been announced. You can earn up to over 40p per unit tax free for 25 years!

Click here for the link to the official DECC announcement including the full details of the tariffs.

The tariff levels for the electricity financial incentives can offer between 5-8% return on initial investment in the technology. And even better on Page 22 Sec 69 of the 2009 Pre-Budget Report, the Chancellor confirmed that households who use renewable technology to generate electricity mainly for their own use will not be subject to income tax on feed-in tariffs.

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This entry was posted on Saturday, February 13th, 2010 at 9:53 am and is filed under Energy Supply, Green Communities, Households, News, Politics, Reduce Your Carbon Footprint. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.