OFGEM release Feed-in Tariff rates for the first quarter of 2014
It’s good news for the solar industry as rates for PV Systems up to 50kW will remain the same until at least 31st March 2014. This covers all domestic and the majority of commercial roof-mounted installations.
There will, however, be a 3.5% reduction for larger systems over 50kWp and stand-alone systems, taking effect on 1st January 2014. This reduction is smaller than speculated, but now is a good time to plan larger installations, taking advantage of the current tariff rates before they change in the new year.
The rules regarding installation methods and export metering will remain the same, as will the rules for owners with more than 25 registered PV systems.
Feed-in Tariff rates as of 1st January 2014
|Energy Source||Scale||Type / Rate||Tariff (p/kWh)|
|Solar PV||≤4 kW||Higher rate||14.90|
|Solar PV||≤4 kW||Medium rate||13.41|
|Solar PV||4 – 10kW||Higher rate||13.50|
|Solar PV||4 – 10kW||Medium rate||12.15|
|Solar PV||10 – 50kW||Higher rate||12.57|
|Solar PV||10 – 50kW||Medium rate||11.31|
|Solar PV||50 – 150kW||Higher rate||10.71|
|Solar PV||50 – 150kW||Medium rate||9.64|
|Solar PV||150 – 250kW||Higher rate||10.25|
|Solar PV||150 – 250kW||Medium rate||9.22|
|Solar PV||≤250kW||Lower rate||6.61|
|Solar PV||250kW – 5MW||6.61|
For more information visit OFGEM; the Office of Gas and Electricity Markets