Renewable Technology Cash Back Schemes

Why not use the power of the sun, wind, wood, water, air or ground to generate your own energy?

Installing renewable energy technologies such as solar panels, and ground source heat pumps to your property offers an alternative to fossil fuels and can also reduce your homes CO2 emissions and save you money.

Clean energy cash back schemes such as Feed in Tariff’s are now in place for electricity generating technologies such as solar electricity (PV) and wind turbines. The UK Government has also announced the introduction of the Renewable Heat Incentive (RHI) from 2011/12 as part of their Comprehensive Spending Review. The Renewable Heat Incentive (RHI) is designed to provide financial support that encourages individuals, communities and businesses to switch from using fossil fuel for heating, to renewables such as wood fuel. The scheme is expected to be launched in June 2011.

About Feed in Tariff’s

The Feed in Tariff (FIT) is the name of the scheme which became available in the UK in April 2010. Under this scheme a guaranteed minimum payment is made (by the 6 largest energy suppliers) to anyone installing renewable technologies enabling them to generate their own electricity.

How the Tariff Works

3 separate ways that tariffs help you make money from gathering your own electricity.

Generation Tariff

You earn a fixed income for every kWh of electricity generated and used in your building.

Export Tariff

You earn an additional fixed income for every kW of electricity you generate and sell back to the grid – 3p/kWh (index linked).

Electricity bought from the supplier – will be less than you currently purchase therefore saving you more money.

Tariff levels, for technologies installed between 15 July 2009 and 31 March 2012 of most significance to householders:

Tariff levels vary depending on the scale of the installation.

The tariff levels shown in the table above apply to installations completed from 15th July 2009 to 31st March 2012 for the lifetime of the tariff. After this date, the rates decrease each year for new entrants into the scheme.

All generation and export tariffs will be linked to the Retail Price Index (RPI) which ensures that each year they follow the rate of inflation.
The tariff levels will be reviewed in 2013.

For more detailed information about Feed in Tariffs (FIT) please visit – Energy Saving Trust - Feed in Tariff Scheme .

For more detailed information about the forthcoming Renewable Heat Incentive (RHI) please visit – Energy Saving Trust - Renewable Heat Incentive .