Feed-in Tariff

FIT-header
What is a feed-in tariff?

A feed-in tariff system is designed as an incentive for energy producers to move away from conventional fossil fuels to renewable energy sources. it is government legislation which guarantees a fixed, premium rate for renewable electricity fed into the national grid. The power companies are obliged by the government legislation to buy the renewable electricity, the additional costs of which are passed onto the customers.

The scheme was introduced on 1st April 2010, and from this date home and other property owners who install solar electric (PV) or other electrical generating systems will be paid a premium for all of the electricity they generate and additional payments for electricity they do not use locally and export to the grid.

  • The feed-in tariff is set at a level dependant on size
  • There will be an additional payment of 3p for the units exported to the grid
  • The payments are guaranteed by law for 25 years
  • The payments are index linked and will rise with Retail Price Index inflation
  • For domestic properties the revenue is tax exempt

     

    new_fit_chart2

 

All installations must be carried out by an MCS-approved installer, using MCS-approved products to qualify for the feed-in tariff. All accredited installations from July 2009 onwards will be eligible. The tariff is guaranteed for the next 25 years, although the rate given in the first year will fall by 7% for new installations after 2 years, the rate given in the first year of install will continue for the lifetime of the tariff.

How can Ardenham Energy help ?

As a Microgeneration Certification Scheme (MCS) approved installer, you can be sure of qualifying to receive the full benefits of the feed-in tarrif by having your solar PV or wind turbine system installed by Ardenham Energy.

What should I do next ?
  • Check our price pages to see the costs and likely returns for the size of system you are interested in.
  • Call Ardenham Energy if you have any further questions or would like to arrange a site survey.
  • The Energy Savings Trust publish a very helpful guide. This can be accessed by clicking here
  • Ofgem who administer the scheme have a Feed In Tariff page on thier website. This can be accessed by clicking here and download the Ofgem FIT Factsheet here
  • Download our Feed in Tariff Domestic Information sheet here