Feed In Tariff
What are Feed in Tariffs?
Feed in Tariffs is the latest policy by the Government based on Energy Act 2008, it was introduced on 1st April 2010 to encourage home owners to install renewable technologies.
What are renewable technologies?
- Wind
- Solar photovoltaic (PV)
- Hydro
- Anaerobic digestion
- Domestic scale micro combined heat and power (CHP)
What are the advantages of the Feed In Tarrif and renewable technologies?
The Feed in Tariffs provide a financial return for those who install PV systems.
FITS are based on the electricity generated by Renewable Energy Systems which is used in the property and also Energy produced which is exported to the grid.
The government want to increase the use of renewable energy and propose to have 15% of all energy from renewable by 2020. This will encourage people to install renewable technologies as there is a money incentive behind it. You get paid for the amount of electricity you generate.
Detailed Tariff prices are given in the DECC Website or http://www.fitariffs.co.uk/eligible/levels/.
We at EAL, estimate the approximate payback of renewable technologies and assist the clients to choose right module and make. We advise on Micro generation certified installers and ensure the client gets the payback.