For many businesses that installed solar panels between 2010 – 2015 it was something of a gamble.
Solar was far from a proven technology in the UK, and the cost of the installation was very high.
So, is it possible?
Firstly, it’s important to note that an existing solar PV system is not an immediate barrier to putting up more solar.
Providing you have the space, and we can work with the grid it is entirely possible to add more solar to an existing system.
I have a Feed-in Tariff - will i lose it?
This question is likely to be the main cause of concern for businesses who might like to extend their solar system.
The Feed-in Tariff (or FIT, for short) was a lucrative subsidy payment that was guaranteed for 20/25 years for the early adopters of the technology, and in almost all cases helped underpin the economics of the initial investment; depending on the size of the system, it’s likely that losing this income stream would negate entirely the economic viability of the extension.
The good news is that extending the solar array will not jeopardise your existing FIT agreement. Whilst the extension will not qualify for the FIT, the original system will continue as it used to.