FIT and RHI fees announced
Published: 09 February, 2010
UK: From 1 April, householders or communities who install low carbon electricity technology – solar, photovoltaic panels or turbines up to 5mW – will be paid for the electricity that is generated, even if it is only used by themselves.
Payment is dependant upon the technology used and is linked to inflation. Extra payments will be made for electricity which is fed into the national grid.
The Feed In Tariff applies to installations commissioned from July 2009.
From April 2011, renewable heat generation installations will receive guaranteed payments – ground or airsource heat pumps and biomass boilers.
A homeowner could receive up to £900 for installing a 2.5kW solar panel as well as save £140 a year on their electricity bill, said the Builders' Merchants Federation.
A groundsource heat pump installed in a typical semi-detached house with adequate insulation could be rewarded with £1000 a year and lead to savings of £200 a year if used instead of heating oil.