New Feed-in Tariff for Solar Announced
The DECC has announced changes to the Feed-in Tariff (FIT) for Solar PV that will offer more predictablility and stability to the Solar Industry.
The sub 4kW band which is common for domestic systems will reduce to 16p/kWh from the 1st August but at the same time the Export Tariff will increase from 3.1p/kWh to 4.5p/kWh.
New Tariff Levels from 1st August 2012
| Generation tariffs for new solar PV installations from 1 August 2012 Band (kW) | Standard generation tariff (p/kWh) | Multi-installation tariff (p/kWh) | Lower tariff (if energy efficiency requirement not met) (p/kWh) |
| •4kW (new build) | 16.0 | 14.4 | 7.1 |
| •4kW (retrofit) | 16.0 | 14.4 | 7.1 |
| >4-10kW | 14.5 | 13.05 | 7.1 |
| >10-50kW | 13.5 | 12.15 | 7.1 |
| >50-100kW | 11.5 | 10.35 | 7.1 |
| >100-150kW | 11.5 | 10.35 | 7.1 |
| >150-250kW | 11.0 | 9.9 | 7.1 |
| >250kW-5MW | 7.1 | N/A | N/A |
| stand-alone | 7.1 | N/A | N/A |
Future reductions will be set to decrease on a 3 month basis thereafter, with pauses if the market slows down.
Please call us on 01789 262411 for more information or click here to read the full DECC announcement
