Feed In Tariff
The Feed In Tariff (FIT), or Clean Energy Cashback Scheme is a method of funding based on the performance of your generation system. The more you generate, the more payback you achieve. These payments are guaranteed for 20 years from the date your system is commissioned, and also tax free and index linked… so your investment is a safe one.
On top of the feed in tariff payments, an income is also achieved from the export of excess energy. In domestic situations this is normally assumed to be 50% of your generation, though sometimes it is actually metered. This payment is currently in the region of 4.8p/kWh (1kWh = 1 Unit).
Just get in touch with us if you have any queries about this, so that we can make sure you get the most up to date information.
The the feed in tariffs are payable at various rates depending on the on technology installed, as well as on size and the overall efficiency rating of your home. For Solar PV you will require and Energy Performance Certificate (EPC) to be issued at a rating of “D” or above (prior to the installation) to qualify. We can advise on this, just get in touch.
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