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Feed in Tariff

What is the Feed In Tariff (FIT)?

The Feed-in Tariff (FIT) is a Government scheme which provides a financial incentive to install electricity-generating technologies such as solar electricity (PV) panels and wind turbines. The scheme guarantees a minimum payment for all electricity generated by the system, as well as a separate payment for the electricity exported to grid. These payments are in addition to the bill savings made by using the electricity generated on-site. For more information on the scheme visit the Department of Energy and Climate Change's (DECC) Feed-in Tariff webpage.

 

The scheme covers the following electricity-generating technologies:

  • Solar PV (roof mounted or stand alone)
  • Wind turbine (building mounted or free standing)
  • Hydroelectricity
  • Micro combined heat and power (micro CHP)

 

If you are eligible to receive the Feed In Tariff (FIT) then you will benefit in 3 ways:

  • Generation tariff: your energy supplier will pay you a set rate for each unit (or kWh) of electricity you generate. Once your system has been registered, the tariff levels are guaranteed for the period of the tariff (up to 20 years) and are index-linked. For information on the latest tariff rates and how to apply, view the Energy Saving Trust website.
  • Export tariff: you will get a further 4.91p/kWh from your energy supplier for each unit you export back to the electricity grid, so you can sell any electricity you generate but don't use yourself. This rate is the same for all technologies. At some stage smart meters will be installed to measure what you export, but until then it is estimated as being 50% of the electricity you generate (only systems above 30kWp need to have an export meter fitted, and a domestic system is unlikely to be that big).
  • Energy bill savings: you will be making savings on your electricity bills because generating electricity to power your appliances means you don’t have to buy as much electricity from your energy supplier. The amount you save will vary depending how much of the electricity you use on site.