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Vriconian - FiT & RHI
FiT & RHI Schemes (UK)
(Feed in Tariff & Renewable Heat Incentive)
Featured
Feed in Tariff Scheme (UK)
Technologies
The FiT scheme covers the following small-scale generation renewable and low-carbon electricity generation technologies - Anaerobic digestion (AD), Hydro, Micro-CHP, Solar PV & Wind.
Applicable Tariff
Once accredited, each installation is assigned an applicable tariff which is based on a number of relevant factors including technology, Total Installed Capacity (TIC), property efficiency requirements, and since 2016 period based relative deployment caps. The applicable tariff rates are adjusted annually in April in line with the RPI movement relative to the previous year.
Data Submission
Each installation location must have at least one TGM (Total Generation Meter) to record site generation. It is a scheme requirement that TGM readings are submitted to the relevant licensed energy supplier on a regular basis, this normally being quarterly. The method of data submission varies by licensed supplier, but typically include email, on-line or by telephone. In situations where multiple systems which have different applicable tariff rates feed through a single TGM, the licensed supplier will apportion generation after receipt.
Payment
Payment is made quarterly at the applicable set FiT tariff for each kWh generated as measured by a TGM and submitted to the relevant licensed supplier, with an additional sum paid for electricity generated and exported to the National Grid, whether on a directly metered or deemed export basis. The vast majority of export payments made are based on deeming export to be a fixed 50% of total generation as measured by the TGM.
Tariff Change Apportionment
For periods which include an April rate change, payments are apportioned by the licensed energy suppliers according to an estimate of what the TGM reading would have been at the tariff change date.
Current & Historical Tariff Rates
Tariff rates for all applicable technologies and for all installation dates are made available on the Ofgem website - (Tariffs Link).
Further Information
Ofgem provide detailed information regarding the FiT scheme, including guidance for application on their website - (Ofgem Link)
The FiT Scheme
The FIT (Feed in Tariff) scheme is a UK Government programme designed to promote the uptake of small-scale renewable and low-carbon electricity generation technologies. Programme policy and tariff rates were originally developed and set by DECC (Department of Energy and Climate Change) which has since been superseded by the creation of BEIS (Department of Business, Energy & Industrial Strategy) in 2016.
Administration
Introduced on 1 April 2010, the scheme is overseen by Ofgem with participating licensed electricity suppliers being responsible for the administration of payments to accredited installations which have been registered with individual suppliers.
Technologies
The FiT scheme covers the following small-scale generation renewable and low-carbon electricity generation technologies - Anaerobic digestion (AD), Hydro, Micro-CHP, Solar PV & Wind.
Applicable Tariff
Once accredited, each installation is assigned an applicable tariff which is based on a number of relevant factors including technology, Total Installed Capacity (TIC), property efficiency requirements, and since 2016 period based relative deployment caps. The applicable tariff rates are adjusted annually in April in line with the RPI movement relative to the previous year.
Data Submission
Each installation location must have at least one TGM (Total Generation Meter) to record site generation. It is a scheme requirement that TGM readings are submitted to the relevant licensed energy supplier on a regular basis, this normally being quarterly. The method of data submission varies by licensed supplier, but typically include email, on-line or by telephone. In situations where multiple systems which have different applicable tariff rates feed through a single TGM, the licensed supplier will apportion generation after receipt.
Payment
Payment is made quarterly at the applicable set FiT tariff for each kWh generated as measured by a TGM and submitted to the relevant licensed supplier, with an additional sum paid for electricity generated and exported to the National Grid, whether on a directly metered or deemed export basis. The vast majority of export payments made are based on deeming export to be a fixed 50% of total generation as measured by the TGM.
Ofgem & BEIS Feed
Ofgem - FiT Annual Report 2016
The Feed-in Tariff (FiT) scheme is a UK Government programme designed to promote and incentivise the uptake of small-scale renewable and low-carbon electricity generation technologies into the United Kingdom electricity generation market.
Since the scheme introduction on 1 April 2010, Ofgem have produced an annual report covering the scheme progress & evolution by technology and in total over the preceding 12 month period, including details on total generation capacity, new installations, and payments made to accredited installations, as well as information on how the scheme's licensed electricity suppliers have complied with their obligations.
Current and past copies of the annual report are available for download from Ofgem using this link - (Here).
The following report is the latest in the series (Published 21/12/2016) and provides information in respect to the period from 1 April 2015 to 31 March 2016.
This Report is licensed under the Open Government Licence v3.0.
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