|Year:||2010 (last updated 2015)|
|Policy status:||In Force|
|Date Effective:||2010 (last updated 2015)|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums|
|Policy Target:||Wind>Onshore, Bioenergy, Hydropower, Multiple RE Sources>CHP, Solar>Solar photovoltaic|
|Size of Plant Targeted:||Small|
As of April 2010, the UK government offers feed-in tariffs (FITs) for small-scale (less than 5 MW) low-carbon electricity produced from a variety of renewable energy technologies installed by householders, businesses and communities, even if the electricity is not fed back into the electricity grid but consumed on-site. Additional payment is provided for electricity fed into the grid.
FIT levels very according to technology and size of the plant.
FIT payments last for 10 to 25 years and are adjusted for inflation.
Technologies eligible to benefit from FIT are: hydro, anaerobic digestion, wind and solar PV technologies under 5 MW, and a pilot scheme for micro CHP has also been launched as part of the FIT.
Electricity suppliers are responsible for paying the FIT to the eligible generators.
Feed-in tariff rates for new installations are adjusted on a quarterly basis for PV and non-PV generators.
The scheme is administered by Ofgem. Ofgem websites provide information on most current FIT levels.
In August 2015 DECC opened feed-in tariff scheme to the review consultation process. DECC proposes to severely cut feed-in tariff levels for PV and non-PV installations starting as soon as possible. Additionally, DECC proposes to close the scheme all together in 2019 for new generators.
More information on DECC proposal to FIT scheme here.
Last modified: Fri, 04 Sep 2015 12:06:36 CEST