How are Feed-in Tariffs paid?
Feed-in Tariffs are paid by electricity suppliers in one of two ways; either as a direct payment into your bank account or as a credit line to your energy bills. The latter may mean that if you generate more electricity than use you could stop paying energy bills altogether.
How much will I be paid and what will I save?
The amount you are paid will depend on the size and type of system that you install as different technologies receive different amounts for different lengths of time. These payments are intended to give a certain percent return each year based on the initial cost of a system. Solar PV has been given the highest rate of payment and therefore earns the majority of people the most amount of money out of the renewable energy family aslong as the home owner has a suitable roof spacing and orientation. The exact amounts payable per unit can be seen in the table to the left. ProGen Solar typically works on retro intalls up to 10kW for domestic properties, businesses and schools but can cater for most solar PV needs. A detailed return table is given on the Feed-In Tariff page.
How about I don’t use all the electricity my solar panel produces?
In addition to the feed-In tariff rates paid for each unit generated, if you have any excess electricity it can be exported back to the grid and you will get an extra 3p/kWh. This export can be measured by having an export meter installed but in most cases its deemed export amount of 50% will be used.
Can I claim the Feed-In Tariff?
The tariff is available to everyone – households, landlords, businesses and even communities and organisations like schools and village halls – and will be overseen by Ofgem which regulates the electricity and gas markets in Great Britain.
