FiT up to 250kW frozen until the end of the year
Ofgem have announced that the Feed-in Tariff for solar PV installations up to 250kW will remain fixed until the end of 2014. This is due to deployment figures falling short of the trigger to bring about an automatic degression.
However, the current mechanism means that, even at low levels of deployment, tariff bands below 50kW will be reduced by a minimum of 3.5% in the new year.
Paul Barwell of the Solar Trade Association spoke about the disapointing deployment rates, despite the Government’s push for domestic and commercial solar:
50KW to 5MW banding, once you remove standalone, the volume for the last year from July 2013 to June 2014 the rooftop is only 65MW – for a whole year!
“This is supposed to be the huge growth area as per the government’s PV strategy. But it shows how much of a rocket boost is required to get this very key growth market to actually grow.
“Whilst DECC seems intent on pulling the rug out from under the RO ground mount sector from April 2015, there is no real platform for growth in the commercial roof top sector without removing some of the main barriers which the STA highlighted last year (as well as in our recent consultation response).”
Feed-in Tariff rates as of 1st July 2014
|Energy Source||Scale||Type / Rate||Tariff (p/kWh)|
|Solar PV||≤4 kW||Higher rate||14.38|
|Solar PV||≤4 kW||Medium rate||12.94|
|Solar PV||4 – 10kW||Higher rate||13.03|
|Solar PV||4 – 10kW||Medium rate||11.73|
|Solar PV||10 – 50kW||Higher rate||12.13|
|Solar PV||10 – 50kW||Medium rate||10.92|
|Solar PV||50 – 150kW||Higher rate||10.30|
|Solar PV||50 – 150kW||Medium rate||9.31|
|Solar PV||150 – 250kW||Higher rate||9.89|
|Solar PV||150 – 250kW||Medium rate||8.90|
|Solar PV||≤250kW||Lower rate||6.38|
Where these rates are shown, the ‘higher rate’ prevails if neither of the following two conditions apply:
- The ‘lower rate’ relates to energy efficiency is payable where the system provides power to a building, and the building does not have an EPC certificate showing its energy efficiency in bands A to D.
- The ‘medium rate’ is 90% of the higher rate (rounded to two decimal places). It relates to multiple ownership and is payable where the system owner has a total of 25 FIT-registered PV installations.