Ofgem has confirmed the feed-in tariff rates (FiT) for solar photovoltaic technology for the period starting 1 April 2015 until 1 July 2015.
Rates have been reduce for 0-4kW, 4-10kW and 10-50kW solar installations.
For a 4kW system this could represent as much as £604.00 less income over the next 20 years!
For a 10kW system a loss of £1,380.00
For a 50kW system a loss of £6,340.00
The new FiT rates for installations with an eligibility date on or after 1st January 2015 and an EPC rating of D or above are as follows:
System Size | Current FiT rate p/kWh | New FiT rate p/kWh | |
---|---|---|---|
0-4kW | 13.88 | 13.39 | |
4-10kW | 12.57 | 12.13 | |
>10-50kW | 11.71 | 11.71 | |
>50-100kW | 10.34 | 9.98 | |
>100-150kW | 10.34 | 9.98 | |
>150-250kW | 9.89 | 9.54 | |
>250kW-5MW | 6.38 | 6.16 | |
>Stand-alone | 6.38 | 6.16 | |
>Export Tariff | 4.85 | 4.85 | |
Download the Feed-in Tariff Payment Table for PV (1 APRIL 2010 – 1 JULY 2015)