FEED-IN TARIFFS

Feed-In Tariffs is a scheme which pays property owners for generating their own ‘green electricity’. It is similar to the Renewable Heat Incentive, but this pays property owners for generating their own ‘green heat’. Most forms of renewable electricity generation technologies are eligible, up to a capacity of five megawatts.

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Why are the Feed-In Tariffs (FIT’s) needed?

The incentive has been introduced by the Government to help increase the level of renewable energy in the UK. A legally binding target of 15% of total energy from renewables by 2020 has been committed to.

How do the Feed-In Tariffs work?

Step One: Householders install their chosen renewable energy technology in their property.
Step Two: Householders measure the amount of ‘green electricity’ their renewable energy technology generates.
Step Three: An amount is paid to householders based upon the size and type of technology they have installed and its output.

Who is eligible?

Broadly speaking everyone, from households to businesses, schools to hospitals, care homes to landlords.