THE FEED-IN TARIFF LAID BARE

Money to burn? Didn’t think so. Want your energy company to pay you? The amazing thing about solar power is that it’s kinder to the world, and to your pocket. You just need to get Naked and get FIT. Here’s how…

The Feed in Tariff (FIT) means you get tax-free payments for every unit of electricity you generate, whether you use it or not. In practice, you not only save money on your electricity bill, you’re paid for contributing to the UK’s clean energy resources as a whole.

The government introduced FIT to encourage renewable energy growth. Once installed, your FIT rate is fixed for 20 years. It’s a great bonus on top of savings on your bills.

You’ll also get paid an Export rate.  For systems of 30kWp or less the amount you export is ‘deemed’ by your energy supplier to be half of your total generation (if you generate 4000kWh/year you’ll be paid export for 2000kWh/year).  If your system is over 30kWp then it will involve installing a meter to measure accurately how much you’re exporting back to the grid and you’ll get paid for every unit that you export.

Keeping FIT for 20 years

System size (kWp) Generation Tariff
1st January 2018 – 31st March 2018
0-10 kWp 3.93p/kWh
> 10 – 50 kWp 4.15p/kWh
> 50 – 250 kWp 1.82p/kWh
> 250 – 1000 kWp 1.48p/kWh
> 1 MWp 0.34p/kWh
Stand – alone 0.25p/kWh
Export rate 5.03p/kWh

How to get paid

1.

To claim the Feed-in-Tariff higher rate, your property needs an Energy Performance Certificate (EPC) rating of D or better. Importantly, this should be dated before we issue your MCS certificate. If you’re unsure, we can arrange an assessment for you.

2.

Download a Feed-in-Tariff form from your energy supplier’s website or ask them to post you a copy. Call us if you need help.

3.

Send your completed form to you supplier & get confirmation they’ve received it.

4.

Sit back and start living Naked!