Archive for the Feed in Tariff Category

Feed-in Tariff Case Study

Friday, May 21st, 2010

This is a great example of how Ringmer Community College are pioneering the use of renewables, including the use of solar, ground source heat pumps and win turbines. The payback is considerable and a it is part of a programme engaging those that attend the College, teachers and pupils alike, with the importance of environmental responsibility. Well done Ringmer.

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Posted in Case Study, Energy saving, Feed in Tariff, Ground Source Heat Pumps, Latest News, Renewable Energy, Solar PV, Wind Turbines

The Feed-in Tariff (FIT)

Thursday, May 6th, 2010

Want to generate your own energy and make an income on the side? The Feed in Tariff is a scheme which came into effect from April 1st 2010 and requires energy suppliers to make a regular payments to those who households and businesses who qualify and  generate their own electricity from sustainable sources.

The Feed In Tariff can be gained for renewable technologies up to 50 mega watts and include:

  • Solar electricity (PV)
  • Wind turbine
  • Hydroelectricity
  • Anaerobic digestion
  • Micro combined heat and power (mCHP) – limited to a pilot at this stage

The benefits for the feed in tariff include:

A Generation tariff

The energy supplier pays you a set rate per kWh of electricity generated. Once you join the rate is set on the same tariff for 20 years (25 years in the case of solar electricity).

Export tariff

The energy supplier pays a further 3p per kWh of electricity exported back to the electricity grid –  when it is surplus to demand and isn’t used on site. The export rate is the same for all technologies.

Savings on electricity bills

The final financial benefit is that on top of the payments being received, the energy being produced and used, is not energy purchased from the supplier. This is a saving on the electricity bill.

Together the benefits, both financially and in terms of reducing environmental impact can be considerable. The investment required in the technologies, where well specified, can be paid back in a number of years, with a substantial return on investment possible. There are also means, such as grants, to support the initial capital expenditure.

To qualify for the FIT, if you do not currently have renewable technologies installed, the renewable technology chosen must be an Micro-generation Certification Scheme (MCS) certificated product and installer. There are options FIT open to those who have renewable technologies in place also.

For more information about the current tariffs, the sort of renewable technology that would be suitable for your site and the degree of benefit you could expect, give us EAdvantage a call and we’ll happily go through it with you. We work with Micro-generation Certification Scheme certified products and installers to ensure you would qualify for the feed in tariff.

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Posted in Feed in Tariff, Renewable Energy, Solar PV