Amidst the excessive and risky electrical energy costs seen final 12 months, rooftop photo voltaic is getting extra consideration. Picture: Scott Webb (Unsplash).
Amid rising electrical energy costs, it is no shock that the financial advantages of photo voltaic will dominate the information in 2022.
From elevated export tariffs to lowered VAT, how households specifically can use solar energy to cut back their power prices and supply safety is in focus as charges rise. .
Photo voltaic Energy Portal takes a glance again on the prime rooftop photo voltaic tales of 2022, to see what the most important moments and developments are for the sector.
1. SEG tariffs in evaluation: How they modified of their first two years amid market turmoil
Printed: 15 February
Probably the most learn story on rooftop photo voltaic in 2022 is a weblog by Photo voltaic Export Assure (SEG), which appears at how tariffs will improve within the first two years. Delivered to the start of 2020, suppliers with greater than 150,000 clients are obliged to supply a tariff to these with home technology.
Amid the turmoil within the power sector seen on the finish of 2021 and in 2022, the SEG panorama has modified, with suppliers collapsing whereas others have moved to extend their choices in response to excessive electrical energy costs.
2. Octopus Vitality raises export tariffs by 36% for solar energy clients
Printed: 1 February
The will increase in tariffs obtainable to clients are the most important draw Photo voltaic Energy Portal readers in 2022, with second place taken by Octopus Vitality’s improve in its export tariff.
As a consequence of excessive electrical energy costs, the corporate elevated the SEG tariff (export clients solely) from 3p/kWh to 4.1p/kWh, and the Fastened Outgoing Octopus tariff elevated from 5.5p/kWh to 7.5p/kWh.
3. Octopus Vitality doubles mounted export tariff amid excessive wholesale electrical energy costs
Printed: 20 February
With market volatility and with it electrical energy costs persevering with to develop all through 2022, Octopus raised its export tariff once more in September.
It doubled the Fastened Outgoing tariff from 7.5p/kWh to 15p/kWh, with all tariff clients seeing their charge change mechanically on 20 September. This consists of home clients with photo voltaic installations who additionally use Octopus Vitality as a provider.
Prospects on Octopus Vitality’s Sensible Export Assure (SEG) tariff will see their charge stay at 4.1p/kWh for each unit of electrical energy they export.
4. The photo voltaic sector welcomed the reduce in VAT on residential photo voltaic within the Spring Assertion
Printed: 23 March
Taking fourth place in our most learn rooftop photo voltaic tales of 2022 is the information that VAT on residential photo voltaic panels has been reduce to zero within the Spring Assertion.
Then Chancellor Rishi Sunak reduce VAT for the following 5 years, masking energy-saving supplies and set up applied sciences together with photo voltaic panels, warmth pumps and roof insulation, which at the moment have a charge which is 5%.
A family that installs photo voltaic panels on their dwelling may see £1,000 in financial savings, after which £300 in power payments annually, Sunak instructed in his handle to the Home of Commons in March.
5. Mission Photo voltaic beneath investigation of rooftop PV system integrity
Printed: 24 Could
Taking the ultimate spot in our prime 5 is an unique investigation from Photo voltaic Energy Portal home photo voltaic installer Mission Photo voltaic.
The corporate discovered itself beneath investigation for the integrity of its system designs, with the corporate moreover accused of utilizing faux mounting tools. On the time, Mission Photo voltaic was the topic of an ongoing investigation by commerce organizations MCS and NAPIT after issues have been raised concerning the integrity of its system designs.
