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.
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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