Page 13 - Flipbook_Bunmi-Solar
P. 13
SOLAR ENERGY FOCUS
RENEWABLE ENERGY –
MONEY BACK?
PART 2: BUSINESS
1. FINANCIAL INCENTIVES: INVESTING FOR
THE FUTURE.
Understanding the potential of financial incentives can
prove vital when evaluating the economic viability and
feasibility of any business. Payments and tax exemptions
for electricity generation from renewable sources could
be the deciding factor between a successful business
plan and a loss-making one.
To help meet the UK’s target of 15% of the total energy
generation from renewable sources by 2020, a number
of financial incentive mechanisms were introduced to
encourage the uptake of renewable energy in the UK
(excluding Northern Ireland).
13

