Householders installing wind turbines and solar panels must wait many years for a pay-back on their investment. In Germany they've found a way to cut down that pay-back time. It's called a feed-in tariff and it is giving a big boost to the renewables industry. Under German law, householders with operating solar or wind power can sell their spare capacity back to power companies at a premium. Demand for renewable energy systems is up, and as the numbers increase the installation costs are steadily falling. Forty countries now follow the German lead, including the UK.
Showing posts with label payback time. Show all posts
Showing posts with label payback time. Show all posts
Thursday, 30 September 2010
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