Posts Tagged ‘fits uk’

New 16p Feed-in Tariffs – Solar PV in the UK

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…)