Secure Your Solar Panel Investment Before Tariff is Cut

The solar energy world leader (as featured on the BBC), Germany, is now attracting a spike in demand for Solar Energy Investment as the timeframe by which to ‘plug in’ before the reduction in the feed-in tariff (FIT) looms.

Reuters reported (citing a parliamentary source), a reduction of up to 16% is anticipated for the majority of solar photovoltaic installations from the first of July 2010, therefore reducing the returns and attractiveness for investment.

Solar photovoltaic (PV) panel manufacturers have been receiving many new orders from both homeowners & businesses alike with larger roofspaces and qualified installers consistently working to get panels in place on time before the reduced tariff deadline.

Experience International MD ‘Steven Worboys’ who are marketing exclusively, for the first time in the United Kingdon, Solar Panel investment in Germany, stated,

“With the first of July timeframe fast approaching we are sourcing extra roofspace in order to meet the high demand for solar energy investments in Germany. UK investors know that ‘plugging in’ by this date will maximise their returns across the next twenty years.”

The FIT was first introduced into Germany in 1990 and requires utilities to connect renewable energy generators to the grid and purchase the electricity produced at a rate of 65-90% of the average tariff charged per unit to end-users.

The model has been extremely successful in supporting the development of the renewable energy industry that is has been implemented all across the world, including the United Kingdon.

However, some twenty years later, the government in Germany has realised that the feed-in tariff, currently at 32 – 43 eurocents/kWh, is over-subsidizing the renewable energy industry and costing the consumer too much (8.95 Billion Euros in 2008) and therefore the FIT rate is to be reduced. The fall of up to a third in the cost of manufacture of solar panels and the increase in cheaper imports, especially from China, also were also an influence in the decision.

By their very design FITs are intended to reduce over time and the reduction is of no supprise, even if the double-digit nature is deemed somewhat severe by some.

But as Steven Worboys concludes:

“The feed-in tariff has been integral in evolving Germany into the largest and most successful solar energy producer in the world. It has installed 9 GW of PV capacity with government targets for 66 GW by 2030. The industry has a turnover of some €1.7 billion per annum, employs 20,000 people and analysts anticipate that solar energy can supply 25% of Germanys electricity by the year 2050.”

With this clear progress to date and new government targets for renewable energy production being introduced, the imminent reduction in FITs is definitely not the end of Germany’s solar success story and the success and growth of Solar power as a leading Alternative Energy Investment. You still have a window of opportunity for investors to see returns of €21.501 net income in Year 1 and 17% net ROI for years 1 – 20.

For more information about ‘plugging in’ before 1st July 2010 contact the exclusive marketing partners as soon as possible, Experience International on +44 (0) 207 321 5858 or visit Experience-International.com.