Feed-in Tariffs

In April 2010, the Government backed feed in tariff (FiT) started. It is a cash back scheme paying a premium rate for electricity generated from renewable sources such as solar PV. This generation rate will be paid on all electricity generated by a certified system even if it is used at the site. An additional export rate will be paid for any surplus electricity that is exported to the national grid. The FiT scheme significantly reduces the payback period for solar PV systems and the net income can be reliably predicted. 

To obtain the maximum FiT rate, buildings must meet energy efficiency criteria resulting in an EPC grade D or higher and the current Energy Performance Certificate (EPC) must be supplied with the FIT application.

More information on this can be found at  

http://www.direct.gov.uk/en/HomeAndCommunity/BuyingAndSellingYourHome/Energyperformancecertificates/DG_177026

 

Solar PV Feed in Tariff Generation Rates (1st August 2012 - 31st October 2012)

The solar PV Feed in Tariff rates below apply to eligible solar PV systems with an EPC rating of grade 'D' or higher that are installed from 1st August 2012 to 31st October 2012.

Solar PV System Size:

Tariff Rates : From 01/08/2012

Tariff Lifetime:
0kWp - 4kWp 16.0p per kWh 20 years
4kWp - 10kWp 14.5 per kWh 20 years
10kWp - 50kWp 13.5p per kWh 20 years
50kWp - 100kWp 11.5p per kWh 20 years
100kWp - 150kWp 11.5p per kWh 20 years
150kWp - 250kWp 11.0p per kWh 20 years
250kWp - 5MWp 7.1p per kWh 20 years

Solar PV Feed in Tariff Generation Rates (1st November 2012 - 31st January 2013)

The solar PV Feed in Tariff rates below apply to eligible solar PV systems with an EPC rating of grade 'D' or higher that are installed from 1st Novemeber 2012 to 31st January 2013.

Solar PV System Size:

Tariff Rates : From 01/11/2012

Tariff Lifetime:
0kWp - 4kWp 15.44p per kWh 20 years
4kWp - 10kWp 13.99 per kWh 20 years
10kWp - 50kWp 13.03p per kWh 20 years
50kWp - 100kWp 11.5p per kWh 20 years
100kWp - 150kWp 11.5p per kWh 20 years
150kWp - 250kWp 11.0p per kWh 20 years
250kWp - 5MWp 7.1p per kWh 20 years

Source  
http://www.ofgem.gov.uk