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Feed In Tariff

Feed In Tariff

What is the Feed In Tariff?

The Feed In Tariff (FIT) was introduced in April 2010 to encourage renewable electricity generation. The Government pays you a set amount of money per unit of electricity you produce (currently set at 14.9p per kWh). This rate is linked to inflation, tax free, and guarantees you an income for 20 years! You are also paid an Export Tariff for selling your surplus energy.


How you benefit from the Feed In Tariff

You benefit in 3 ways:

  • Generation tariff (FIT)    The government pays you a set amount of money per unit of electricity you produce (currently set at 14.9p per kWh). This is linked to inflation and guaranteed for 20 years.
  • Export tariff    It is assumed that you will export 50% of the electricity you generate to the national grid. Your energy company will pay you for this (the current rate is 4.64p per kWh).
  • Energy bill savings    You will save money on your electricity bills because you will be generating power yourself meaning you don’t have to buy as much from your energy supplier.


How does the Feed In Tariff Work?

When Future Supply commissions your solar PV system, we will immediately register you with the Microgeneration Certification Scheme.  From the point of registration you are eligible to receive the FIT.

The FIT is paid to you by your energy supplier. Future Supply can help you through the process of registering for the FIT with your energy company, so the process will be smooth and hassle free.


How we can help

Future Supply is one of the leading Plumbing, Heating and Renewables Companies in the area. We are fully qualified to install Solar PV systems which may be eligible for FIT payments.

To find out how the FIT can benefit you, see our Typical Costs and Payback and Case Studies pages. For more information, please do not hesitate to contact us or visit the Energy Savings Trust’s website.

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Unit 5, Porte Marsh Enterprise Park, Maundrell Road CalneWiltshireSN11 9PU UK 
 • 01249 817690

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