WE BUY YOUR FEED-IN-TARIFF – NOT YOUR SOLAR PANELS
Keep your solar panels, just release equity from your feed-in-tariff – Sell Your Solar Today!
SELL YOUR SOLAR FEED-IN-TARIFF BENEFITS
Thousands of property and business owners across the country could benefit from solar pv buyback. If you were one of the first to register the higher feed-in-tariff rates, you could still have more than 15 years’ of payments left to collect, why wait when you can access that money now!. Selling your solar could free up thousands of pounds of your investment right away without having to wait up to 20 years. No matter how long your solar system has been installed check your potential equity today!
CALL US ON 07976823366 / 01704539300
If you’ve installed solar PV on your property using an MCS approved Solar Photovoltaics installer like EEC (you don’t have to be an EEC customer to benefit from this scheme), you would have been eligible to apply for the Government’s Feed-in Tariff Scheme and earn quarterly, index-linked payments for 20 or 25 years, depending on when your system was installed.
Since the launch of our Solar Buyback scheme you now have the option to sell your home or businesses Feed-in Tariff (FIT) for a cash lump sum. The panels stay on your roof, you continue to use as much of the free electricity you generate as possible, and we will even manage and pay for any maintenance your solar PV system needs for the rest of your FIT agreement period.
Release the value of your solar investment early and get an upfront payment for your Feed-in Tariff with our solar buyback scheme.
If you already have solar photovoltaic (PV) installed on your roof, you know the benefits it can bring to the cost of your energy bills. With our solar buyback system, you don’t have to wait years to receive the value of your Feed-in Tariff (FiT) payments and can release money early to get a lump sum payment. This is possible by selling your solar through our solar buyback scheme.
You don’t have to wait years to free up your investment
As your PV generates electricity for your home, it earns you a FiT payment based on the rate that was in place when your system was registered. However, if you currently receive this payment every few months, it will take years for you to get the return on your initial investment. Our solar buyback scheme means that by selling your solar panels you can release its value straight away and receive an immediate lump payment; realising the potential of your investment. Not only will you receive an upfront lump sum with our buyback scheme, but you will also continue to benefit from the electricity your PV generates with no charge. This will save you money and reduce your impact on the environment – benefits that shouldn’t be missed.
We keep your PV running at its best for the life of your Feed-in Tariff
Every solar PV system needs ongoing operation and maintenance in order to continue performing at its best year after year. Our solar buyback is a hassle free scheme that means the responsibility of all maintenance and upkeep is left to us. In short, by choosing to sell your solar and handing over any future maintenance hassle or cost to us, you will be ensuring your panels keep running at their best, generating maximum savings on your electricity bills. Our team of expert engineers are based locally around the UK and will regularly check your PV performance over the remainder of your FiT term.
Why would you want to sell my solar PV Feed-in Tariff?
Why would you want to sell your domestic solar PV Feed-in Tariff, maybe you need some quick cash, or why not cash in before you sell your home or business? There could be any number of reasons you make the decision to sell, depending on your personal circumstances, but we’ve made a list of some of the most common reasons our customers decided to sell their FIT of cash.
GET MORE WHEN SELLING YOUR HOUSE
If you have solar PV installed, and you’re thinking of selling your property, you can consider selling your Feed-in Tariff too for that extra added value. Although having PV installed and receiving FIT payments will add some value to your property when you’re selling, the new home owner can still get great savings from their energy bills.
If you sell your FIT using a solar buy back service before selling your property, you’ll benefit from the cash lump Also because of the additional benefits to the new owner Energy performance. Solar panels can add value to the property by raising the house’s EPC (Energy Performance Certificate) grade. Every house that’s bought or sold in the United Kingdom is to have a valid EPC. After the property has been assessed, the property will be graded from A (highest) to G (lowest). EPC ratings can have an effect on house values. Solar panels have been known to raise a house’s EPC rating by at least 2 grades; this is reflected in the property’s value and shown on most home buying websites like Rightmove, which shows purchasers important factors.
When you sell your FIT, all maintenance is covered for the duration of the FIT, so you can guarantee that the new owners will benefit for at least as long as the FIT term as the maintenance is just carried over. Once the FIT term comes to an end, the property owner will have the choice to keep the panels on the property, and ownership will be transferred to them, or they can have the panels removed, at no cost.
ITS TAX FREE CASH
Unlike the majority of earnings in the UK, the Feed-in Tariff payments are tax free, provided you’re generating electricity mainly for use in your own home. This means when you sell your domestic FIT for a cash lump sum, you won’t have to pay any tax on it!
The official rule is that ITTOIA/S782A provides an exemption from income tax for an individual’s income from the sale of electricity generated by a micro generation system where:
- the system is installed at or near domestic premises occupied by the individual, and
- the individual intends that the amount of electricity generated by the micro generation system will not significantly exceed the amount of electricity consumed in those premises.
If your FIT’s not registered to a property for your personal, domestic electricity production, you’ll have to pay tax if EEC didn’t install your Solar PV system we can check if it is properly registered or not.
It is always advisable to take your own independent tax advise on any tax matters.