Feed-in Tariff (FiT)
The Feed-in Tariff (FiT) is a government scheme that pays you for the micro-generation of electricity using renewable technologies such as Solar PV or Wind.
The scheme will pay you for all the electricity your system generates, whether you use it yourself or not. You will also be paid for any surplus electricity that you don’t use and export back to the grid. The payments are currently guaranteed for 20 years.
- You will get income for the electricity you generate
- You will get extra income for the electricity you don’t use and send back to the grid.
- Your energy bills will reduce because any electricity generated by the system that you use yourself, will be free.
In order to qualify for FiT payments you will need to fulfil the following criteria:
The system and the installer of the system will need to be accredited under the MCS accreditation scheme. Solgain UK have MCS accreditation.
As of 1st April 2012 the building that the system is mounted on or wired to will need to have an Energy Performance Certificate (EPC) of Level D or above. Solgain UK have partnered with several energy assessors to assist with this service.
Applying for the FiT
The ‘big six’ energy providers are required by law to provide the FiT payments. You can apply to your existing energy supplier or another one of the registered FiT providers that are listed on the Ofgem website.
You can only apply for the FiT once your system is installed. The owner of the system has to apply and Solgain UK will support you with the application process We will also provide a handover pack containing all the information you need to complete your application.
To discuss how the FiT could benefit you or any of the topics on this page contact Solgain UK