Did you know?

Photovoltaic comes from ‘photo’ from the greek meaning light and voltaic from ‘volt’ which is the unit used to measure electric potential at a given point.

 

So what is a 'Feed in Tariff'

The feed in tariff has been introduced by the government to help encourage uptake of renewable energy in the UK. The uk has a mandatory EU target stating that 15% of all energy must be produced from renewable sources by 2020.

How does it work?

You benefit in three ways:

  1. The feed in tariff scheme pays you for every unit of energy you generate, whether you use it yourself or export it back to the grid.
  2. You are paid for every unit of energy you export back to the grid.
  3. You will also benefit from ‘free’ electricity, saving you around 15p per unit of energy you don’t have to buy from your energy provider.

The feed in tariff is generally tax free, index linked and guaranteed by the government for 20 years.

The tariff works slightly differently for mainland UK than in Northern Ireland.

FiT England, Scotland and Wales

The FIT for England, Wales and Scotland is re-assesed quarterly with changes taking affect in Feb, May, August and Nov.

To qualify for the full amount of FiT, your installer and the equipment installed must be MCS approved and your home must hold an energy performance certificate with an Energy rating of at least D. You can read more about Energy Performance Certificates here. If you cannot achieve a D rated certificate, you will be paid a lower rate of FiT’s.

 

Description For Eligible Installations with an Eligibility Date on or After 1/11/2012 and before 1/2/2013 For Eligible Installations with an Eligibility Date on or After 1/02/2013 and before 1/5/ 2013
Solar PV with Total Installed Capacity of 4kW or less, where attached to or wired to provide electricity to a new or already occupied building Higher rate 15.44p Higher rate 15.44p
         
Solar PV (other than stand-alone) with Total Installed Capacity greater than  4kW but not exceeding 10kW Higher rate 15.44p Higher rate 15.44p
         
Stand-alone solar PV (not attached to a building and not wired  to provide electricity to an occupied building)   7.1p   7.1p
         
EXPORT TARIFF   4.5p   4.5p

 

To find out how all this adds up read on

FiT Northern Ireland

The feed in tariff for Northern Ireland is known as ROC’s. The current ROC tariff is due to be reassessed in April 2015

To qualify for ROC’s, your installer and the equipment installed must be MCS approved.

 

 
Tariff from 1 October 2014 – 30 September 2015
Solar Photovoltaic (PV)     4 Rocs Upto 50kW 16.32p/kWh
       
Export Tariff   Upto 50kW 5.10p/kWh

To find out how all this adds up read on

How much will I save?

Contact Details

S Magill Contracts
2 Drumgask Rd,
Craigavon,
County Armagh,
BT65 5DY

 

02838220069

 

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.smagillcontracts.co.uk

Projects

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