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Feed In Tariff

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Payments for microgeneration of electricity

 
The Feed in Tariff was introduced for wind and solar photovoltaics in April 2010 to encourage the uptake of electricity microgeneration.  Properties must have an Energy Performance Certificate (EPC) rating of at least band D prior to commissioning of the microgeneration system.  The initial tariff is set when the installation is completed and registered.  The tariff is also then index linked each year.  
 
For PV installations with an eligibility date of 1 January 2019 onwards the level of FIT for electricity generated is:
 
3.79p per kWh for grid connected installations from 0-10kWp
4.03p per kWh for grid connected installations from 10-50kWp
1.69p per kWh for grid connected installations from 50-100kWp
 
If the EPC rating is not met or the EPC is dated after the commissioning of the system, a lower tariff rate per kWh is paid.
 
A further 5.24p / kWh is paid for electricity exported back to the grid.  For domestic installations this is deemed to be 50%. Installations above 30kW require an export meter to measure the electricity exported.
 
For hydro power with an eligibility date of 1 January 2019 onwards the level of FIT for electricity generated is 8.03p per kWh for installations from 0-100kW.
 
For wind with an eligibility date of 1 January 2019 onwards the level of FIT for electricity generated is 8.24p per kWh for turbines up to 50kW.
 
The final financial benefit from PV, hydro or CHP is a reduction in spending on electricity purchased from the grid because on site generated electricity is being consumed on the premises.
 
Geowarmth can calculate the expected benefits from the Feed In Tariff, Export Tariff and electricity savings applicable to your desired installation. Please contact us for a bespoke calculation.
 
The Feed In Tariff is closing to new applicants on 31 March 2019, so act now to get your electricity generation installed promptly.

 

 

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