Changes to Feed in Tariffs (FITS)

Fri, 1 June 2012
The Department for Energy and Climate Change has announced a number of changes to FITS which are paid to those who install solar panels to generate electricity:
 
  • From 1st August 2012 the generation tariff for domestic installations (up to 4kW) will be drop from 21p to 16p/kWh.
  • The export tariff will rise from 3.2p/kWh to 4.5p/kWh from the same date.
  • The length of time the tariff lasts for new installations will drop from 25 years to 20 years.
  • Any organisation owning more than 25 sites that receives FITS will receive full FITS for the first 25 installations and 90% for the rest.
  • In future the government plan to reduce the use-tariff every three months. This may be slowed down if uptake is low.
  • New tariff levels will be produced two months in advance of any change.