Clean Energy Cashback Scheme (Feed In Tariffs)
From 1st April 2010, if you generate your own electricity through a renewable technology, you may be eligible for the Clean Energy Cashback scheme (Feed In Tariffs). Earn rewards for generating your own electricity via renewable sources not just in the present, but for the next 20 to 25 years. Since 1st April 2010, generators using renewable technologies are eligible to be paid for each unit of electricity they generate, and for each unit of excess electricity which they export back to the grid.
How FIT Works
Customers who generate their own electricity through an accredited renewable low carbon technology are eligible to receive payment for every unit of electricity they generate. In addition where the customer produces more electricity than they use, and export the excess back to the grid, they will be eligible to be paid for each unit exported.
How Do I Benefit?
As a utility customer you may benefit in a variety of different ways:
- Generation tariff – A set rate will be paid by your supplier for each unit (or kWh) generated.
- Export tariff – For each unit of electricity generated that you don’t use and export back to the grid you will receive a further 3p/kWh from your energy supplier. Unlike the generation tariff the export rate is constant across all technology types.
- Energy bill savings – Since you will be generating your own electricity you may not need to buy as much from your supplier. Savings will be dependent on how much electricity you use on site.
How Much Can I Earn?
Customers will be paid in accordance with their chosen technology type, in line with published tariff rates. You can typically earn between 3p and 41p per unit dependant on technology type. For a full payment breakdown please Click here
Am I Eligible?
If you are a new microgenerator and meet the below criteria you may be eligible to join now.
- Renewable Technology
- Total output below 50kw
- Accredited installation, registered with the Microgeneration Certification Scheme (MCS)
- Accredited Total Generation Meter included as part of this installation.
For guidance on accredited meter types please see the Low Carbon Buildings Programme Website. For more information on the MCS Scheme please see the Microgeneration Certification Scheme Website.
Technologies
For impartial advice on choosing a suitable renewable technology and identifying an accredited installer, contact us
Please click here to navigate to our Contacts page in which you can submit an online enquiry or seek our details.
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