Solar energy is a growing industry in many countries around the world, and the UK is no exception. Today, there are at least 650,000 solar arrays installed in the United Kingdom, delivering an estimated total capacity of 5000MW of renewable energy.
A report from The Guardian says that up to 10 million more UK homes are due to have solar powered roofs by the end of 2020. This prediction will see at least 40 percent of the country’s electricity requirement being provided by solar during the sunny days of summer. A somewhat ambitious prediction, this will create a lot of changes in the country’s sustainability map.
There is an increasing demand for solar panels and solar panel installations not just in homes but most notably in commercial buildings, industrial complexes and even in close-knit communities. One notable aspect in this rapid increase is the drop inpriceof photovoltaic panels or PV panels complimented by the introduction of Feed-In Tariff subsidy. This subsidy was introduced in 2010 and, since then, had caused considerable change in the energy industry.
Solar industry experts in the UK revealed that the country has enough solar arrays installed today. These installations are slated to supply an estimated 1.5 millions of homes today. While, in a cloudy country like the UK, limitations exist in terms of altitude andclimacticcondition, the UK continually grows as one of the world’s most assertive users of solar panels.
This is the most important government program that has contributed to the rapid demand in solar panel installations across the UK is the Feed-In Tariffs. Commonly known as FITs, the government program was launched in 2009 with the main agenda to encourage homes and commercial institutions to make use of renewable energy sources.
The program is also not limited to solar energy alone; it includes other sources of clean energy like hydro- or wind-generated power, anaerobic digesters, and micro combined heat and power.
The basic premise of the Feed-In Tariffprogramis to provide consumers with rebates for every unit of renewable or low carbon source energy generated by their solar power system. For every kilowatt hour of renewable or low carbon source energy, a set amount is stipulated to be returned to the consumer.
The set amount is dependent on the solar array system and technology used during installation and the date of installation. Subsidies are shouldered by the energy supplier. With prices of solar panels going down, expert predictions for a more sustainable energy market forUKin 2020 is bound to be realized in no time.