Solar PV FiT reduced
Ofgem announced that solar PV systems installed from the beginning of April will fall under the new feed-in tariff rates. The relevant tariffs will come into effect on the 1st April 2014 and will remain fixed until at least 1st July 2014. The tariffs for solar PV installations are outlined below.
Feed-in Tariff rates as of 1st April 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||10.71|
|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|
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.
For more information visit OFGEM; the Office of Gas and Electricity Markets