Sunny May

My Solar PV system, installed some 6 1/2 years ago, repaid the £10000 capital investment a while back due to the extraordinarily generous terms offered by the contemporary feed-in tariff.  Nowadays, I am happy to sit back, confident in the knowledge that system will continue to generate a nice little tax-free index-linked every month which helps, in some respect, to compensate for the declining real value of my RAF Service pension.  Occasionally, however, it is pleasing to monitor the generation meter, particularly in sunny weather, and so it was in May with the recorder registering a record-beating 500 Miliband/Huhnes for the month!  My contract assumes that I have exported half of that figure back to the grid but I haven’t; every last unit has either been used or the surplus fed into my immersion heater.  Long may (very) smart meters be delayed.  Meantime, for the main event, its 500 Miliband/Huhnes x £0.57 for the month of May into the bank – “trebles all round,” as they say in Private Eye!