FEEd IN TARIFFS
Frequently Asked Questions & Tariff Levels
On 1st February 2010, the Government announced new standard generation Feed-In Tariffs (FiT) rates for 1st April 2010, which are guaranteed for 25 years. This new playback scheme, results in a shorter payback for Solar PV systems, making them an extremely attractive green option for any home. PV systems registering with the scheme between 1st April 2010 and 31st March 2011 will benefit from the following:
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Any system less than 4kW on a new build + 36.1p per kW pay-back
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Any system less than 4kW on a retrofit = 41.3p per kW pay-back
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Any system 4-10kW new build or retrofit = 36.1p per kW pay-back
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Any system 10-100kW new build or retrofit = 31.4 per kW pay-back
As an example, if you normally pay 12p per kWh for your electricity, you would effectively get both the solar power consumed for free and the FiT. So on a retrofit system below 4kW this would mean 12p + 41.3p = 53.3p per kWh saving.
Any Solar PV system installed after the 15th July 2009 is eligible for this Feed-in Tariff at the above rate, provided the system uses MCS approved equipment and has been fitted by an MCS accredited installer.
