Thomas Edison 1931
Changes to Feed-in Tariff from August
Written on Friday, 15th June 2012 by GHE Solar
DECC have announced the changes for the Feed-in Tariff that will be in operation for installations registered from the 1st of August. The main changes are as follows:
-Reduced generation tariffs starting at 16p/kWh for the smallest installations (up to 4kW)
-An increase in the tariff for exported electricity to 4.5p/kWh
-A reduction in the tariff lifetime to 20 years
-Retention of a link to the Retail Price Index of for generation and export tariffs
-The generation tariff for multiple installations (more than 25) to be set at 90% of standard generation tariff
-The tariff for installations that do not meet the energy efficiency requirement to be the same as the stand-alone rate (7.1p/kWh from 1 August)
-A ‘contingent degression’ mechanism whereby tariffs for new installations would potentially be changed every 3 months (starting on 1 November), depending on the level of deployment
