The Feed in Tariff is a government initiative that guarantees a minimum payback for all electricity generated by a renewable electricity system – solar PV, wind turbines and hydro-electricity – plus a separate payment for the electricity exported back to the grid (i.e. that hasn’t been immediately consumed). The scheme has been running in the UK since 2010 and is available for households, businesses and landowners when installed by an MCS certified installer (Microgeneration Certification Scheme).

Anyone owning a renewable electricity system that is registered with the scheme will receive a payment for every kilowatt hour they generate. These tariffs are paid for 20 years at the rate when the system was installed, are index-linked to inflation through the RPI (retail price index), and available for households, businesses and landowners when installed by an MCS certified installer (Microgeneration Certification Scheme). Tariffs vary according the size of the system installed but for example, the tariff for a system under 4KW is currently 14.38p/kWh index linked, and the tariff for a system between 4-10KW is 13.03p/kWh as long as your property’s energy performance certification is D or above.

For information on OFGEM’s latest feed in tariff click here.