Ofgem, the Office of the Gas and Electricity Markets, confirmed last Friday what will be the new Feed-in Tariffs from November 2012. According to the Government promise to reduce the tariffs 3.5% every three months when the last Feed-in Tariffs started in August 2012, the new Feed-in Tariffs starting November 2012 will be as follows: (more…)
Posts Tagged ‘feed in tariffs’
The UK Government has introduced today the New Feed-in Tariffs scheme. From 1st of August on, residential tariffs for homes which have a Level D Energy Performance Certificate or above, will drop down from 21p per kWh to 16p, and the payment time will decrease 5 years, standing at 20 instead of 25. On the flip side, the Export Tariff will increase to 4.5p/kWh. The total benefit estimated now for a homeowner installing solar panels on or after 1st August is £866 in Year 1. (more…)
According to the new data published this morning by the Department of Energy and Climate Change (DECC), solar photovoltaic panels demand in the UK continues dramatically dropping. The number of solar pv installations for this week ending 13th May is 912, 42.5 % less than the last one 1.
Going back in time, the average of solar photovoltaic installations in May 2011 was 1,594. From the beginning of May 2012 until the date, the average of installations is 1,248, which is around a 20% less, when there is still more than fifteen days left until the end of May. In addition, recent figures show that the total capacity installed during the past four weeks was 17MW, against a four-weekly average of 71MW over the past 12 months. (more…)
As every week, the Department of Energy and Climate Change publishes the weekly statistics of solar PV installations all over the UK. Around 50 installations more than the week ending 15th April took place, which means that, right now, there are a total of 312,537 solar PV installations in the UK . As a result, these solar panels installations are producing more than 1 GW of energy (1,067,903 kW), that equals that when operating at peak performance, these panels could be powering up to 220,550 homes1. (more…)
It’s a fact: the new feed-in tariff will take effect from April 1, 2012. Next Sunday, the feed-in tariff rates for photovoltaic systems with a total installed capacity of 250 kW or less will fall, while a lower multi-installation tariff is introduced by the Government.
According to the Department of Energy and Climate Change website, that “multi-installation tariff applies to PV installations where the generator or nominated recipient for FITs already owns or receives FIT payments for more than 25 PV installations on different sites. Such installations will receive a tariff set at 80% of the level of the standard tariff.” (more…)