Summary of the Feed In Tariff
On the 1st February 2010 the Government announced the final tariff details for the proposed Feed In Tariff. This is fantastic news for domestic solar PV installations.
The key points are:
- All accredited installs from July 2009 onwards will be eligible
- Subsidised tariff is for all generated electricity, whether consumed or exported.
- Tariff for <4kW retro-fit PV installs is 41.3p/unit (in year one)
- Tariff for <4kW new build PV installs is 36.1p/unit (in year one)
- Tariff for >4-10kW PV installs is 36.1p/unit
- Tariff for >10-100kW PV installs is 31.4p/unit
- Tariff for >100kW-5MW PV installs is 29.3p/unit
- Tariff for off-grid PV installs is 29.3p/unit
- Guaranteed 25 year tariff lifetime with annual raises indexed to inflation
- Tariff fixed for first two years (The tariff for an install will be fixed for 25 years based on the year it's installed).
Please use our Feed In Tariff Calculator to give an indication of the anticipated income from your proposed system size.
The calculator is based on the Government's finalised figures for the Feed In Tariff, announced by Ed Miliband on the 1st February 2010. It utilises the tariff for a sub 4kW system fitted on an existing property, but the other tariffs can be seen in the press release here.
Call 0844 800 9512 or email info@plugintothesun.co.uk
