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Feed-in Tariff

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Testimonial

Skyline designed the solar PV system to blend in with our roof – including around our skylights – in what was a really professional job.

Eleanor Payne – Homeowner

Feed-in Tariff

To support its renewable energy initiative the government instituted the feed-in tariff (FiT) to incentivise investment in microgeneration. The feed-in tariff essentially pays homeowners with approved solar PV systems for generating their own electricity.

EPC

*Band 'D' must be achieved to receive standard generation tariff

It is comprised of two elements – the generation tariff and the export tariff. With the generation tariff you are paid a fixed amount for each unit of electricity you generate. With the export tariff you are paid for electricity you generate but don’t need – this gets automatically sold back to the electricity grid.

Once a solar PV system is installed and registered, the tariff levels are fixed for 20 years* and are indexed-linked to provide a guaranteed return on investment.

Band (kW) Standard generation tariff (p/kWh) Multi-installation tariff (p/kWh) Lower tariff (if energy efficiency requirement not met) (p/kWh)
4kW (new build) 15.44 13.90 7.10
4kW (retrofit) 15.44 13.90 7.10
>4-10kW 13.99 12.59 7.10
>10-50kW 13.03 11.73 7.10
>50-100kW 11.50 10.35 7.10
>100-150kW 11.50 10.35 7.10
>150-250kW 11.0 9.90 7.10
>250kW-5MW 7.1 n/a n/a
stand-alone 7.1 n/a n/a

*Eligibility date 1 Nov 2012 – 30 Apr 2013