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The business case

Recent advances in solar energy technology have resulted in better, more affordable solutions, meaning that even if feed-in tariffs disappear altogether, the business case for solar energy is excellent.

Increased energy prices

Energy prices are expected to increase in the next 10 years and securing the country’s supply of electricity has been described as ‘more important than climate change.’

Whatever your view, the facts are clear. Capital investment in renewable energy for your business or your home, can not only bring a decent return on investment, but also protects you from rising overheads in the future.

Feed in Tariff

FIT is designed to promote the uptake of a range of small-scale renewable and low-carbon electricity generation technologies.

The scheme requires Licensed Electricity Suppliers (FIT Licensees) to pay a generation tariff to small-scale low-carbon generators for electricity generated. An export tariff is also payable where electricity is exported to the national grid.

The scheme is applicable to a range of technologies up to a maximum total installed capacity of 5MW [much larger than most individual installations].

New tariffs apply from 8th February 2016 for all electricity generated from that date. However, they are still worthwhile and provide a good return on your investment in solar energy generation.

Purchase options

NWT Solar offers two alternatives for the purchase of your solar power station:

  • buy your installation outright and receive full FIT payments and electricity cost savings; or
  • lease your roof space to NWT Solar, we will install our own plant and you will receive electricity cost savings.

On-line monitoring

NWT Solar’s live, on-line monitoring enables our support team to ensure the maximum efficiency of your installation – and you can track the return on your investment at any time.

Visit the NWT Solar monitoring website for a live demo »