The Feed-In Tariff is a Government incentive scheme to encourage use of Solar PV. There are three ways you will benefit from FiTs:
Generation tariff Your energy supplier will pay you an index-linked rate for every kWh of electricity you generate over a period of 20 years.
Export tariff Your energy supplier will pay you an additional rate for every kWh you don’t use but is exported to the grid over a period of 20 years.
Free electricity When you are using electricity during the day while your panels are producing electricity, the generated electricity used directly by you is free. So your energy bills will be lower.
Department of Energy & Climate Change (DECC) set the degression rates for the Feed in Tariff.
Feed-In Tariff from 1st October – 31 December 2016:
|Total installed capacity (kW)||Generation tariff*|
*tariff assumes you have an Energy Performance Certificate (EPC) D or above dated on or before the commissioning date
Please note that OFGEM have introduced a cap on applications for the Feed-In Tariff. When you submit your application you will join a queue. You will be eligible for the current tariff if the individual cap has not been reached. If a cap is breached, the specified tariff will no longer be available from the date of the breach. For more on caps visit OFGEM’s Feed-In-Tariff guidance.
You can find a full list of tariffs for solar pv at ofgem.
For a quote that includes potential return from FiT on your property: