Solar PV panels: use the sun's energy to generate DC current
Inverter: converts DC current from the solar panels, into AC current that can used in your home
Generation meter: records every unit of electricity you generate. You read this meter quarterly, give the readings to your electricity supplier who pays you your Feed-in-Tariff rate for every unit you've generated. These payments are TAX FREE & INDEX LINKED!
Consumer unit: Electricity you generate flows back to your consumer unit / fuse board. As you have generated this electricity it is now FREE for you to consume. You are now needing less electricity from 'the grid' which further reduces your bills
Import meter: Any electricity you can't use is automatically sent back to 'the grid'. You also get an 'Export' payment from your supplier for 50% of everything you generate.
There has never been a better time for you to start looking at a more sustainable alternative to your energy consumption.
The Government backed Feed-in-Tariffs (FiTs) scheme means that your electricity supplier will make regular payments to you for the energy you produce from your PV system... even if you use this electricity yourself! These payments are guaranteed for 20 years, TAX FREE & INDEX LINKED! You will also receive additional payments for electricity you export back to the grid.
The below diagram shows how solar PV works within your home: