
If you’re still using old FIT solar panels, it’s time to consider an upgrade. At iJO Power, we specialise in transforming outdated solar systems under the Feed-in Tariff (FIT) scheme into modern, high-efficiency setups that can save you even more money. With government guidelines now allowing for replacement equipment under the FIT scheme , you can enjoy the benefits of new technology while maintaining your original tariff. Plus, by upgrading your system, you’ll improve your home’s energy independence and future-proof your investment in renewable energy.
Understanding the FIT Scheme
The Feed-In Tariff (FIT) scheme was introduced to encourage the adoption of renewable energy by offering financial incentives, and is composed of two primary components:
- Generation Tariff: A payment for every kilowatt-hour (kWh) of electricity you generate, with rates varying depending on when your system was installed.
- Export Tariff: A payment for the surplus electricity you export back to the grid, typically at a lower rate than the generation tariff.
For the early-adopters, the FIT scheme provided substantial financial rewards, with some receiving over 55p/kWh for their generated electricity. Understanding these components is crucial as you consider upgrading your system, solar panels upgrade.
Efficiency Comparison: Older vs. Newer Solar Panels
Older Solar Panels
- Efficiency: Solar panels from around 11 years ago typically have an efficiency range of about 14-16%.
- Degradation: Over time, all solar panels experience a slight decrease in efficiency, generally around 0.5% to 1% per year.
- Output: Older panels may have an output of around 225 watts per panel.
Newer Solar Panels
- Efficiency: Modern solar panels boast efficiency ratings of 18-22%, thanks to advancements in technology.
- Performance: They also tend to perform better in low-light conditions and come with improved warranties and durability.
- Output: Newer panels typically have an output of around 440 watts per panel.
By comparing the efficiency and output of older and newer panels, it’s clear that upgrading can significantly enhance your system’s performance.
Can You Update Your Solar Panels and Still Remain in the FIT Scheme?
Yes, you can replace your old solar panels and inverter wihtout coming out of the FIT scheme, but there are important rules and guidelines to follow:
- Like-for-Like Replacement: To continue receiving FIT payments, any replacement panels should be a like-for-like swap. This means you shouldn’t increase the capacity of your system beyond what was initially registered.
- Notify Your FIT Provider: Always inform your FIT provider before making any changes. They will guide you through the process to ensure everything remains compliant.
- MCS Certification: Ensure that any new solar panels and installation work are MCS certified. This maintains the integrity of your FIT agreement and guarantees that the new panels meet UK standards.
- Documentation: Keep all documentation of the replacement process, including invoices, MCS certificates, and any communication with your FIT provider.
Enhancing Your Existing System
To make the most of your solar power system without affecting your FIT benefits, consider the following upgrades:
- Add a Battery:
- Benefit: A battery increases your self-consumption by storing excess energy for use when your panels aren’t generating electricity.
- Impact: This does not affect either your generation or export tariffs but can save you money on energy bills.
- Add More Panels:
- Benefit: Increasing the number of panels can boost your system’s generation capacity.
- Impact: As long as you keep your original inverter, this does not change your FIT benefits but will increase your overall energy generation and enhance battery usefulness. You can change your inverter but this may impact your generation and reduce this payment.
- Get on a Smart Export Tariff:
- Benefit: Switching to a smart export tariff can, in some cases, increase the money you receive from exporting surplus electricity.
- Impact: This may result in losing your FIT export component, so consider the trade-offs carefully.
Here’s how we can help:
- Upgrade to Modern Solar Panels: Replacing your aging panels with new, higher-efficiency models will generate more electricity using the same roof space.
- Inverter Replacement: Swapping out your old inverter for a new, state-of-the-art version, increases the reliability and performance of your system.
- Add Battery Storage: Storing excess energy generated during the day and use it when the sun isn’t shining, reduces your reliance on the grid and slashes your energy bills even further.
Don’t miss out on the opportunity to maximize your savings. Contact iJO Power today to learn how upgrading your solar system can bring you even greater financial and environmental rewards!