And you won?t just get this money for a year. You?ll get it for up to
25 years (depending on which technology you install).
It will also be index-linked ? so your payments will rise every year along with inflation. And, absolutely best of all, for those of us still reeling from the small print of the Budget, it will be entirely tax-free."
The policy seems very screwy, but it does make photovoltaic cells on the roof quite an attractive idea. Anyone actually got any installed?
*****
As posted in previous threads, the main concern should be the length of time that you are relying on successive governments to keep throwing money away to promote 'green agendas'.
25 years is a LONG time in politics. Even enough time for a new generation of nuclear reactors to remove the need for alternative energy sources. This would bugger up not just your own little domestic scheme but also the cost projections for a lot of wind farms. Who knows, someone might even discover new gas and oil reserves.