UK Feed-in Tariff (FIT): Tariff Table 1 April 2023
On 31st January 2023 Ofgem published the updated Feed in Tariff scheme rates and associated deemed export rates which will both be effective from 1st April 2023 for all appropriate technologies.
Tariffs have been adjusted in line with an applicable RPI of 13.4%.
Ofgem Details : Feed-in Tariff (FIT): Tariff Table 1 April 2023
BackGround
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.
Note: The FiT scheme closed to new applicants on 1st April 2019. Details & explanation related to the scheme closure have been published by Ofgem on the following link ... Feed-in Tariffs: Essential guide to closure of the scheme
Tariff Review Schedule
The scheme is overseen by Ofgem, who review, adjust and publish a range of tariffs applicable to existing installations annually (in April) in line with the RPI movement relative to the previous year.
Technologies
Participating licensed electricity suppliers are responsible for general scheme administration related to collection, validation & collation of registered installation data and making appropriate scheme payments on a quarterly basis.
Current & Historical Tariff Rates
Tariff rates for all applicable technologies and for all installation dates are made available on the Ofgem website ( Link - https://www.ofgem.gov.uk/environmental-programmes/fit/fit-tariff-rates )
Interested in energy efficiency ? - Have a look around the Vriconian site!
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