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Feed In Tariff

Get paid to generate solar electricity!

The Feed in Tariff is a scheme introduced by the UK government in 2010 which means you get paid for every unit of electricity you generate whether you use it or not.

The scheme is guaranteed for 20 years, and ensures that payments will rise in line with inflation, as well as being totally tax-free. This means that not only will you reduce your yearly energy bills, but you’ll even be generating an income through the installation of your solar panels.

A 4.00 KW could earn you £494 Every Year for 20 Years TAX Free & Inflation Linked

Feed in Tariff

Feed-In Tariffs were introduced on 1 April 2010 and replaced UK government grants as the main financial incentive to encourage uptake of renewable electricity-generating technologies.

How you will benefit:

  • FIT Payments. The Feed In Tariff guarantees a payment of 14.38p per kWh* for every unit of electricity generated by your solar PV system for 20 years after its installation, even if you’re using some of that electricity yourself in the house.
  • Export Payments. On top of this, you’re guaranteed 4.77p per kWh for every kWh of electricity that is exported to the national grid for other people to use. For most systems the electricity companies simply estimate this figure as being 50% of the total generated.
  • Offset Electricity. PV generated electricity is also available to be used by you in your house as it’s being generated, meaning that you don’t need to buy this electricity from the electricity companies. This is known as offset electricity costs, and is worth around 13p per kWh that’s used.
  • Tax Free. Income from the Feed In Tariff is paid via your electricity bill, and unlike bank interest payments, does not count as taxable income. For higher rate tax payers this effectively means that an investment in PV can generate 40% more money in your pocket than a standard taxable investment with the same rates of return.
  • Inflation Linked. Feed In Tariff and Export payments are index linked to inflation (RPI).