What is the FIT Feed in Tariff Increase for April 2013?
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|
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.
With the 50% deemed export this means the main FIT rate is equivalent to 48.5p per kWh of solar PV electricity generated.