The long awaited solar Feed In Tariff (FIT) has become active in the UK on the 1 April 2010. The introduction of solar Feed In Tariffs forces energy utility companies to purchase electricity generated by businesses, individuals and community initiatives.
The solar feed in tariff scheme agrees the price for each unit of electricity that is produced and also provides a separate payment for any excess energy provided to the national grid.
We are able to take full advantage of the feed in tariff opportunity as an MCS accredited installer.
|Scale of system||Rate / kWh||Tariff Lifetime|
|PV ≤4 kWp (retrofit/exiting)||Typical Domestic||21.0 pence||25 years|
|PV ≤4 kWp (new build)||Domestic||21.0 pence||25 years|
|PV >4-10 kWp||Small Commercial||16.8 pence||25 years|
|PV >10-100 kWp||Large Commercial||15.2 pence||25 years|
|PV >100kW-5 MWp||Very Large Commercial||12.9 pence||25 years|
(After April 1st the property must have an EPC level D to get the full feed in tariff)
In order to be eligible for feed in tariffs your solar photovoltaic system must be:
Rayotec were one of the first of only a few companies to qualify under the MCS and Rayotect only supply the highest standard MCS approved products.
Along with your solar photovoltaic system, Rayotec will also install a meter to measure the amount of electricity generated by the solar installation. When the installation is completed, we will register you on the Feed In Tariff central database and you will be issued with a certificate to confirm your registration for the Feed In Tariff. You then simply have to send your certificate to your electricity provider to prove you are eligible to receive the Feed In Tariff payments. The Feed In Tariff payments are made directly to you by your energy provider in accordance with their payment terms.
Feed In Tariffs as well as the additional export tariff are set to match movements in the Retail Price Index (RPI). RPI is a measure of the rate of inflation in the UK and covers all household costs on an average month by month basis. By linking the Feed In Tariff and the export tariff to RPI the payments will increase overtime in line with inflation.
The average rate of inflation within the UK over the last 20 years has been over 3% and this is significantly more than interest rates on many saving accounts.
Unlike interest on savings accounts all the payments and savings created by the Feed In Tariff are completely tax free.
The Feed In Tariff is fixed for 25 years from when you register but the amount of the Feed In Tariff payment is set to reduce each year so that the early adopters are better rewarded. In order to secure the highest price for your Feed In Tariff payments we recommend you to act quickly.