Feed-in Tariff or Clean Energy Cashback scheme
The UK Government has brought in a Feed-In Tariff or the Clean Energy Cashback Scheme with effect from 1 April 2010. This legislation has been designed to encourage the adoption of renewable energy systems, and means that you could be paid up to 43.3 per kWh produced even if you use it yourself. On top of that you could earn another 3p for every unit you export back into the national grid. The rates for PV installations are guaranteed for 25 years which will reduce the payback time considerably.
The tariffs available and the process for receiving them do vary depending on when the technology was installed, and whether the system and the installer were certificated under the MCS scheme. Please refer to the box above.
For further details of the Feed-In Tariffs set for homeowners and businesses, please click on our link to the Energy Saving Trust, www.energysavingtrust.org.uk.
|
You will qualify for the full FIT payments if:
The technology was installed between 15th July 2009 and 31st March 2010 OR
It is installed on or after 1st April 2010 using an MCS certificated product and by an MCS certificated installer
The Microgeneration Certification Scheme (MCS) is an independent scheme that certificates microgeneration products under 50kW and installers in accordance with consistent standards. Any systems over 50kW and all anaerobic digestion installations must apply directly through the ROO-FIT process as they are not covered by the MCS.
|