Clean Energy Cash Back - The UK's Feed-in Tariff Scheme
The final details of the scheme were announced on 1st Febuary 2010
The feed-in tariff, introduced in April 2010, offers a guaranteed financial return for renewable energy generated in the UK.
The tariff is paid for all generated energy, including energy used at the systems location and energy exported to the national grid.
The tariff is paid by energy suppliers and will be free from income tax.
The tariff rate in the year that the system is installed will be guaranteed (and index linked) for a period of 20 years for a wind turbine installation and 25 years for a solar pv installation.
The higher rates of the tariff will apply to systems installed from October 2009 until 2035 with the amount offered to new installations reducing by a fixed percentage each year. Reduction of tariff values will not begin until 2012. Systems installed before that date will be offered a rate of 9p per kWh generated.
As well as the feed-in tariff, energy exported to the grid will be given a guaranteed value of at least 3p per kWh generated.
The scheme will be administered by Ofgem with a customer-facing role played by energy suppliers.
Ofgem have published a guide to how the scheme works for microgenerators here
RenSMART currently works with those installing photovoltaic solar generators or wind turbine generators.
RenSMART's Project Planner tool will help you to estimate the returns you could make by installing a renewable energy micro-generation system. You don't have to register to use it and it's FREE.
The following tables give the rates available to new installations over the life of the scheme.
Solar Tariff Rates
The rate is the amount you receive per kWh generated and is fixed based on the year the system is installed.
For solar pv, slightly lower rates will be available for new build homes (starting at 36.1p per kWh) and for systems connected straight to the grid and not through a property (starting at 29.3).
We have a number of pre generated SolarPV feed-in tariff projections created using our Project Planner tool that you can use as the basis to asses your locations suitability.
Wind Tariff Rates
The rate is the amount you receive per kWh generated and is fixed based on the year the system is installed.
We have a number of pre generated Wind Turbine feed-in tariff projections created using our Project Planner tool that you can use as the basis to asses your locations suitability.
Source Documents: http://www.decc.gov.uk/en/content/cms/consultations/elec_financial/elec_financial.aspx