Chapter 8 LO15: Discuss The Range Of Incentives Available To Homeowners Considering Installing Solar Panels, For Example Selling Electricity To Energy Suppliers

Question 1

Name and briefly explain any 2 financial incentives that are available to homeowners considering the installation of solar panels

Answer 1

1. Green Deal: Financial assistance towards cost of installing solar panels.
2. Feed-In Tariff for solar PV: Where homeowners are paid for the amount of electricity they generate and feed back into the grid
3. Renewable heat incentive: Where homeowners are paid for the amount of heat they generate using their own solar thermal panels.