FIT did it! Thanks to the government introducing the Feed in Tariff in 2010, the resulting stimulation in the Solar market means that Solar PV installations are now a quarter of the price they were in 2010. This means that Solar PV installations are viable with no subsidy necessary so the scheme was finally finished in March 2019.
Feed in Tariff was introduced in April 2010 to offer payments for the energy that Solar PV systems generated. It’s purpose was to drive the industry to bring the cost of Solar PV installations down. A victim of it’s own success the government had to accelerate the rate at which the subsidy was reduced.
After being available to new installations, the Feed In tariff finished at the end of March 2019. The question remains, why does the well established Oil industry still need subsidy when a new industry like Solar can stand on it’s own two feet without being propped up by the tax payer?
|System size (kWp)||Generation Tariff
1st January – 31st March 2019
|> 10 – 50 kWp||4.03p/kWh|
|> 50 – 250 kWp||1.69p/kWh|
|> 250 – 1000 kWp||1.33p/kWh|
|> 1 MWp||0.15p/kWh|
|Stand – alone||0.06p/kWh|
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.
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.
Send your completed form to your energy supplier & get confirmation they’ve received it.