DCSIMG

Solar panels on Meridian Leisure Centre Louth will receive the higher rate electricity generation feed in tariff

PHOTOVOLTAIC solar panels that were installed on the roofs at the Meridian Leisure Centre and London Road Sports Ground, Louth, are to receive the higher rate electricity generation feed in tariff.

East Lindsey District Council says it worked hard to ensure the panels were installed for March 3, 2012, to ensure they met the deadline set by the Government for the higher rate feed in tariff, which has since been considerably reduced.

Achieving the higher rate feed in tariff means solar panels on buildings across the area are anticipated to generate around £1.7m for the taxpayers of East Lindsey over their 25 year life as well as generating free electricity to run the buildings during day light hours, reducing the council’s energy bill by £13,000 per year.

The Council invested £360,000 in the solar panels so this could mean an average return of 15 per cent per year.

 

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