Solar PV: UK Feed in TARIFFs The Feed in TARIFF obliges the traditional energy companies (known in this context as FIT Licensees) to pay the owner of a solar PV system above market rates for the clean energy that they generate and also guarantees an additional price (per kWh) for the energy that they sell/export.UK Solar PV market could grow five fold in 2010 PricewaterhouseCoopers survey suggests that feed-in TARIFF will boost roll out of solar PV, which had been hampered by lack of incentives, complexity of funding and planning restrictions.Farmers urged to check if energy projects FiT NFU Scotland urges farmers to look at how renewable energy projects such as solar power could boost their businesses, as the new Feed-in TARIFF presents fresh opportunities.
Feed-in tariffs: Rates
Rates shown in pence per kW Hour.
Scale of installation
Year1
(1st April 2010 – 31st March 2011)
Year2
(1st April 2011 – 31st March 2012)
Year3
(1st April 2012 – 31st March
2012)
Tariff lifetime (years)
<4kW (new build)
36.1
36.1
33.0
25
<4kW(retrofit)
41.3
41.3
37.8
25
>4-10kW
36.1
36.1
33.0
25
>10-100kW
31.4
31.4
28.7
25
>100kW-5MW
29.3
29.3
26.8
25
Stand alone system
29.3
29.3
26.8
25
When a system has been registered for the FIT it is locked into the current rate. The tariff is guaranteed for a set period of time, which in the case of solar PV will be 25 years.
There will be no cap on the amount of generation that will qualify for the FIT.
Although solar thermal microgeneration is not included in the FIT, the consultation period for the Renewable Heat Incentive (RHI) has begun. Kicking off in April 2011, this scheme will guaranteed payment to homeowners who install solar hot water. For more information on this, see our Renewable Heat Incentive page.