feed-in tariff

The UK Government introduced the Feed-in Tariff scheme in April 2010 to incentivise small scale, low carbon electricity generation. The first comprehensive review of the scheme was announced in February 2011 with a key objective of delivering £40million of savings, around 10% of the forecast scheme costs, as part of the Government’s wider Spending Review.

On the 31st October 2011, The Department of Energy and Climate Change (DECC) released the ‘Comprehensive Review Phase 1: Consultation on Feed-in Tariffs for Solar PV’. This consultation proposes a cut in domestic solar rate from 43.3p/kWh to 21p/kWh to be implemented on 12th December. The rate for schemes over 250kW will remain at the 8.5p/kWh reduced level which replaced the previous 29.3p/kWh rate from August.

company position

SmartestEnergy strongly supports the Feed-in Tariffs (FiTs) scheme and its potential to encourage a new generation of energy entrepreneurs.

In light of the review of solar tariffs, we believe that a single rate for all solar projects would provide the best environment to support long term investment in the sector. We are concerned about the impact on investor confidence of additional tariff reviews.

> Read the full company position

lastest news

Government plans to ensure the future of FiTs scheme - 09/02/2012

The Government has announced plans to ensure the future of the Feed-in Tariffs scheme to make it more predictable. Transparency, longevity and certainty are at the heart of the new improved scheme. The reforms will provide greater confidence to consumers and industry investing in exciting renewable technologies such as solar power, anaerobic digestion, micro-CHP, wind and hydro power.

> See the news archive on feed-in tariffs