Feed in Tariffs for Solar Energy Saving Money for UK Homeowners


Feed in tariffs for solar energy describe a process where people are encouraged to invest in solar panels. This has been adopted by some states, and it gives people the ability to sell their extra solar-generated electricity to a power company. There are a number of benefits that have been associated with the legislation relevant to feed in tariffs.


[UKPRwire, Thu May 13 2010] Feed in tariffs for solar energy describe a process where people are encouraged to invest in solar panels. This has been adopted by some states, and it gives people the ability to sell their extra solar-generated electricity to a power company.

There are a number of benefits that have been associated with the legislation relevant to feed in tariffs. These benefits are that the feed in laws have the potential to reduce C02 emissions, create jobs, ensure a more secure supply of domestic energy, create more of an incentive for technological innovation, and create market conditions that are fair for renewable technologies. Each of these aspects will be discussed in detail below.

To begin, feed in laws have the potential to reduce the amount of C02 in the environment. This is since such legislation can create more of a marketplace for renewable technologies, which will in turn reduce the amount of fossil fuels that are used. Fossil fuel power will effectively be replaced with clean technologies, which will result in a net decrease of carbon emissions.

Feed in laws also have the vast potential to create jobs. Renewable energy growth in a given country can translate into thousands of new jobs. To provide an example of this, over two hundred thousand individuals in Germany, where a feed in tariff law was passed, are employed in the field of renewable technologies. About sixty percent of this figure consists of employees who were hired just based on the passage of the feed in law alone.

Feed in laws also have the ability to ensure a more secure supply of domestic energy and decrease a dependency on oil from foreign lands. Countries will thus use more renewable energy and have less of a dependence on foreign oil. This is particularly true in the United States, which gets a good percentage of its fuel from foreign countries.

Feed in laws for solar energy also create more of an incentive for technological innovation. When good feed in tariff rates for renewable energy resources are prevalent, there is an increased drive for companies to be innovative. Furthermore, investment in renewable energies such as solar energy and wind are encouraged. All such forms of power have a lot of potential attached to them.

Last but not least, feed in laws create market conditions that are fair for renewable technologies. In the past, renewable energies have not been able to compete with traditional energy sources that are heavily subsidized and do not take environmental costs into account. Feed in laws help to level the playing field for renewable energy.

In conclusion, feed in tariffs laws basically are part of a process that encourages people to use solar panels. If people create extra solar energy, then they are paid by the energy company for the additional energy that is produced. The benefits associated with such legislation includes that it has the potential to reduce C02 emissions, create jobs, ensure a more secure supply of domestic energy, create more of an incentive for technological innovation, and create market conditions that are fair for renewable technologies.

Contact:
Richard Finch
Solar Panels Quotations
Unit 174
Merton Road
Maidstone, Kent ME15 8LW
01622208336
info@solarpanelsquotations.co.uk
http://www.solarpanelsquotations.co.uk

Company: Solar Panels Quotations


Contact Name: Richard Finch

Contact Email: info@solarpanelsquotations.co.uk

Contact Phone: 01622208336

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