FITS to degress in January for all solar PV of 50kW or less
Posted by Cathy Debenham on 25 November 2014 at 2:42 pm
The feed-in tariff for solar PV panels will reduce by 3.5% from 1 January 2015 for all new installations of up to, but not exceeding, 50kW. This is as part of the government's planned degression for the feed-in tariff.
|BAND||Current rate p/kWh||Rate from 1/1/15 p/kWh|
|Up to 4kw||
>4kW - 10kW
>10kW - 50kW
Those who have already installed solar PV and are already registered with a feed-in tariff supplier before 1 January 2014 will not be affected by the change.
To view the full tariff rate table on the Ofgem website, click here.
For more information about the feed-in tariff, click here.
For information about solar PV and whether it is suitable for your property, click here.
Need help with any Jargon?By Cathy Debenham
If you have a question about anything in the above blog, please ask it in the comments section below.
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