Tuesday, 15 January 2013

What is the New 2013 FiT Rate (Feed In Tariff Rate) Solar Panels

The RPI figure for December has just been announced at 3.1% which means that the Feed in Tariff rates (FIT) will go up by this amount on 1st April 2013.

new rate Feed in Tariff rates (FIT) from 1st April 2013
new rate Feed in Tariff rates (FIT) from 1st April 2013

Last year the rate increased from 43.3p to 45.4p per kWh of electricity generated and to 3.2p for exported electricity (deemed at 50%)

The new rate Feed in Tariff rates (FIT) from 1st April 2013 will be 46.8p and the export rate will be 3.3p.

2011   43.3p
2012   45.4p
2013   46.8p

With the 50% deemed export this means the main FIT rate is equivalent to 48.5p per kWh of solar PV electricity generated.
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1 comment:

  1. Anonymous23 January 2013 at 01:10

    Governments around the world implement this kind of scheme such as solar panel grants and renewable heat incentives as a way to lure people into going green. We can expect to see more countries adopting schemes like this to lessen their need of foreign supplied energy.

    -Sonia

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