Monthly Archives: April 2010

Feed in Tariffs come in to force today

The new Feed-in Tariff scheme comes into operation from today – 1st April 2010 – and enables an income to be derived from a renewables installation in 3 ways:

1 – a value based upon the total amount of electricity that your system produces. This is the main FiT.

2 – the value of any excess electricity that you produce but do not use yourself and so gets exported to the grid. You can opt for a guaranteed price (3p per kWh) or try to obtain a market value for your export.

3 – the value of electricity generated and consumed by yourself which offsets your use of imported power and thereby reduces your bill.

To qualify for FiTs your system must be one that is accredited by the Microgeneration Certification Scheme (MCS) and also installed by an MCS certified installer (for systems up to 50kW). FiTs payments for wind turbines are guaranteed for 20 years (PV for 25 years) and are also index linked to inflation via the RPI. The initial tariffs, for wind systems installed up to March 2012, are banded according to the capacity of the system and are:
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