Feed In Tariff
Clean Energy Cashback
(also known as Feed In Tariffs), introduced in April 2010, will
provide financial incentives for individuals and businesses to
install renewable energy generating technologies such as solar
electricity panels and wind turbines. It will do this by
guaranteeing a minimum payment for the electricity generated, as
well as any electricity exported to the grid. (Please note
that these tariffs only apply to England, Wales and Scotland.
Northern Ireland has not yet taken a decision on Feed In Tariffs.
The details of this are currently under consultation and so the
information given below could be subject to change.)
Under current proposals,
there are three ways in which you will be able to benefit if you
have an eligible technology:
- Generation tariff: a
fixed payment from your electricity supplier for every unit of
energy or kilowatt hour (kWh) generated for a period of 20 years
(except for solar PV which would be for 25 years)
- Export tariff: if you do
not use the electricity on-site you can export it to the grid. You
will get a guaranteed minimum payment additional to the generation
tariff for every kWh exported to the grid
- On-site use of
electricity: you will also benefit from on-site use of the
electricity you generate: where you use the electricity on-site you
will be able to offset this against electricity you would otherwise
have had to buy
Eligible technologies - As of April
2010 support is available for the following technologies:
www.energysavingtrust.org.uk/Generate-your-own-energy/Sell-your-own-energy/Clean-Energy-Cashback
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