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What is FIT?
FIT (Feed In Tariff) is the government-backed scheme which means your electric supplier (eg EON, N-Power, EDF, Utility Warehouse etc) will pay you for every unit that your system generates, whether you use it or if it goes back in to the grid. The Feed in Tariff scheme ran from April 2010 until March 2019 and was designed to reduce the subsidy in line with the reduced installation costs. Now that Solar PV installation prices are low enough there is no continued need for a subsidy so the Government finished the scheme in March 2019.
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