Amidst the excessive and unstable 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 rising export tariffs to decreasing VAT, how households can more and more use solar energy to cut back their power prices and supply safety is the main focus of accelerating tariffs. .
Photo voltaic Energy Portal takes a glance again on the high rooftop photo voltaic tales of 2022, to see what the most important moments and tendencies 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 seems at how tariffs will improve within the first two years. Delivered to the start of 2020, suppliers with greater than 150,000 prospects 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 Power raises export tariffs by 36% for solar energy prospects
Printed: 1 February
The will increase in tariffs out there to prospects are the most important draw Photo voltaic Energy Portal readers in 2022, with second place taken by Octopus Power’s improve in its export tariff.
On account of excessive electrical energy costs, the corporate elevated its SEG (export solely prospects) tariff from 3p/kWh to 4.1p/kWh, and its Fastened Outgoing Octopus tariff elevated from 5.5p/kWh to at 7.5p/kWh.
3. Octopus Power doubles fastened 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 prospects seeing their charge change robotically on 20 September. This contains home prospects with photo voltaic installations who additionally use Octopus Power as a provider.
Prospects on Octopus Power’s Good 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 lower 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 lower to zero within the Spring Assertion.
Then Chancellor Rishi Sunak lower VAT for the subsequent 5 years, protecting energy-saving supplies and set up applied sciences together with photo voltaic panels, warmth pumps and roof insulation, which at present have a charge which is 5%.
A family that installs photo voltaic panels on their dwelling might see £1,000 in financial savings, after which £300 in power payments every year, Sunak prompt in his deal with to the Home of Commons in March.
5. Venture Photo voltaic below investigation of rooftop PV system integrity
Printed: 24 Could
Taking the ultimate spot in our high 5 is an unique investigation from Photo voltaic Energy Portal taking a look at home photo voltaic installer Venture Photo voltaic.
The corporate discovered itself below investigation for the integrity of its system designs, with the corporate moreover accused of utilizing faux mounting gear. On the time, Venture 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.