The Government generates no wealth whatsoever.
It is funded 100% through taxation - either direct taxation of the wealth of individuals or the indirect taxation of the wealth of individuals by the taxation of private sector businesses - which increases the price individuals have to pay for goods and services. In this specific case, the UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.
Anything you get "free" from the government has been paid for through taxation of individuals.
Thus, this is merely a tax rebate for those fortunate enough to be in the position to install solar power generation equipment - owners of land - specifically those with buildings that have south facing roofs.
It is distributing wealth away from the poor to the rich.
That said, I currently support the move away from a reliance on fossil fuels for energy generation.
Nope, on this one you don't have to pay. They give you the option of them putting up the up-front costs so long as you have a south facing roof. The only thing is that you don't own the solar panels, they do. And they collect the cheque, however you get the electricity benefit and no maintenance costs or installation costs etc,......
A VERY good idea me thinks :-)
It is funded 100% through taxation - either direct taxation of the wealth of individuals or the indirect taxation of the wealth of individuals by the taxation of private sector businesses - which increases the price individuals have to pay for goods and services. In this specific case, the UK energy suppliers are now charging everyone more for the energy they use to cover the costs of the tariffs which the UK Government have required they pay - without such tariffs everyone would be paying less for the energy they use.
Anything you get "free" from the government has been paid for through taxation of individuals.
Thus, this is merely a tax rebate for those fortunate enough to be in the position to install solar power generation equipment - owners of land - specifically those with buildings that have south facing roofs.
It is distributing wealth away from the poor to the rich.
That said, I currently support the move away from a reliance on fossil fuels for energy generation.
Testimonial..
"Given that the income is tax-free, the return on £14,000 investment is equivalent to 12.9% for a 50% tax-payer and 10.3% for a 40% tax-payer, with the investment recouped in as little as seven years. As the payments are linked to RPI, this equates to a real return of 18.2% and 15.6% respectively at today’s RPI rate of 5.3%"
You have to pay, but the government pays you back over the years..which makes them FREE
"Given that the income is tax-free, the return on £14,000 investment is equivalent to 12.9% for a 50% tax-payer and 10.3% for a 40% tax-payer, with the investment recouped in as little as seven years. As the payments are linked to RPI, this equates to a real return of 18.2% and 15.6% respectively at today’s RPI rate of 5.3%"
You have to pay, but the government pays you back over the years..which makes them FREE
Nope, on this one you don't have to pay. They give you the option of them putting up the up-front costs so long as you have a south facing roof. The only thing is that you don't own the solar panels, they do. And they collect the cheque, however you get the electricity benefit and no maintenance costs or installation costs etc,......
A VERY good idea me thinks :-)
ok, so how do we move wealth from the rich to the poor
