Feed Tariffs Solar Panels

A feed in tariff is a payment you can get if you generate your own electricity eg with solar panels or a wind turbine and you can also sell energy back to the grid.

Feed tariffs solar panels.

Solar panels around the world france. A feed in tariff fit is a small credit rebate that households receive for any excess electricity produced by a solar system or other small scale generator. 2020 solarpv will help you with all the necessary paperwork to register onto fits initially. Simply put unless you have a solar battery any solar power produced by solar panels must be immediately used or it will feed into the shared electricity grid for other properties to use.

What is the feed in tariff fit and how does it work. Skip to content 1300 516 474 the energy experts solar made easy. Tariff rates are set by the department for business energy and industrial strategy beis. Not that long ago solar energy feed in tariffs fits were being offered at what now seem like remarkably high rates.

Save more money on your electricity bill by finding the best feed in tariffs fit for your solar system. A feed in tariff is a solar incentive that pays owners of distributed energy systems like solar a certain amount per unit of electricity sent to the grid. Electricity produced by your system above your own consumption is exported back to the grid. How solar feed in tariffs work.

They are often fixed price incentives that are locked in over a contract period of 10 to 20 years providing property owners with distributed generation a long term stable incentive. Many electricity retailers but not all have introduced a feed in tariff. Ministers are planning to cut feed in tariff subsidies by 87. A feed in tariff pays you for excess electricity generated by your solar pv system and not used in your home.

On 13 october 2011 france launched its largest ever solar energy farm with an array of panels. The tariff is paid for excess electricity produced by your system which has been fed back into the grid. Find out how to apply. What is a solar feed in tariff.

So if you are producing more electricity from your solar panels than you are using at that point in time you get paid for this extra electricity. Under a net feed in tariff a fee is paid for any solar energy that goes back into the grid from your house. You read the generation meter every quarter and claim the fits payment from your electricity supply company which will send you your payment. How do i claim the feed in tariff scheme payments.