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Phasing Out Of The Feed-in Tariff Subsidies

The Feed-in Tariff (FIT) scheme is a government programme designed to promote the uptake of small-scale renewable and low-carbon electricity generation technologies.

 

The FIT scheme is available for anyone who has installed, or is looking to install, one of the following technology types up to a capacity of 5MW, or 2kW for micro-CHP:

 

Solar photovoltaic (PV)

Wind

Micro combined heat and power (CHP)

Hydro

Anaerobic digestion (AD)

 

As with all technologies as the prices come down the subsidies are phased out.  The government has put into play a three year plan to reduce subsidies and cap the number of installations that are eligible for each quarters Feed-in-Tariff rates.

 

Once the subsidies are gone then there will be no going back.  Micro generation like Solar PV are a great way of reducing your businesses energy costs and it can do this without a subsidy even now, with the subsidies currently available it is just made even more attractive as you’ll be paid for every kWh you produce on site and in some cases for export even if you don’t export.

 

Don’t wait to get your solar pv or other micro generation system installed as you will miss out on the extra incentives available.

 

UT Power Ltd t/a Utility Trade are an MCS accredited installer and will walk you through the whole process from start to finish, managing your installation and making sure it goes smoothly, from design and work on the ground to making sure your paperwork is submitted correctly.

 

Contact us today for a tailor made illustration of how micro generation can benefit your business financially and through CO2 emissions reduction.

 

0844 209 7393 / info@utilitytrade.com

 

Scheduled FiT Digressions:

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