The Feed in Tariff Scheme (FIT) pays UK energy consumers for the power they produce through renewable technologies. FIT pays householders and businesses a tariff for every Kilowatt hour (kWh) of electricity generated and an extra tariff for unused energy that is “exported” back to the grid. FIT covers solar PV, wind, hydro, micro CHP and anaerobic digestion installations under 5MW of capacity. The scheme is open to schools, businesses and households alike. Together with the savings from generating your own “free” energy, Feed in Tariff payments can provide quite an impressive return on investment.
Contents of the Feed in Tariff Guide
Details of the technologies covered by FIT, eligibility criteria and how the scheme works.
Current Feed in Tariff rates for solar and all other technologies. Rates are kept up to date as they are reviewed and changed by the government.
With so much in the press about the Feed in Tariff (FIT) as well as the Green Deal, many are perplexed by exactly what is available, and how these two schemes can work together for their benefit.
If you live or run a business in Northern Ireland, you might be wondering whether you can get involved in the Feed in Tariff (FIT) scheme, and if not, why not.
The fourth quarter of 2014 was a strong end to a strong year for the UK Feed in Tariff scheme and saw installations reach 560,825 and a total installed capacity of 2,988.46 MW.