MiPower - Government Feed In Tariff Information

The UK Feed-In Tariff (FIT) is a scheme created by the government in order to encourage the adoption of renewable energy. It guarantees a minimum payment for all electricity generated as well as a separate payment for the electricity exported to the grid. This is in addition to any savings to your bill.

All payments under this scheme are tax-free and linked to the retail price index.

Size of Installation	Tariff level installations in the period below in p/KWh			Tariff Lifetime (years)
	01/04/11 12/12/11	13/12/11 31/03/12	01/04/12 31/03/13**
+4 KW New Build	37.8	37.8* +21.0	21.0 (9.8p)**	25
+4 KW (Retrofit)	43.3	43.3 +21.0	21.0 37.8 (9.8p)**	25
>4 – 10 KW	37.8	37.8 +16.8	16.8 (9.8p)**	25
>10 – 50 KW	32.9	32.9 +15.2	15.2 (9.8p)**	25
>50 – 250 KW	19	19.00 +12.9	12.9 (9.8p)**	25
>250 - 5 MWp			8.5p	25
^* Before the 1st of April all electricity generated will qualify for 43.3p from the date of installation commission of the system up until the 31st March 2012. Thereafter, for the remainder of the 25 year term of the Feed-in tariff, the electricity generated will qualify for 21p. All electricity generated after the 1st April 2012, for the remainder of the 25 year term, will qualify for the 21p FIT tariff without the need for an EPC Certificate Level C. ^** 21p will be provided as the Feed-in Tariff on all installations after the 1st April 2012 providing, within 12 months of installation, you provide an EPC Level C document to show that your home has been properly insulated and qualifies for the Green Initiative Scheme. Failure to do this within 12 months of installation and you will revert to the 9.8p tariff.

The Feed-In Tariff is the government’s response to the much publicised Kyoto protocol, whereby the UK has a target to reduce carbon emissions by 12.5% between 2008 – 2012 compared to 1990. In addition, the European Union (EU) has said that 20% of all energy usage (electricity, heat and transport) across the EU should come from renewable sources by 2020, which is a huge task!

Feed-In Tariffs were originally designed to encourage homeowners to install solar PV array’s to generate electricity. The average monthly income from your installation is calculated to be significantly greater than monthly loan repayments to encourage equity release over a 25 year period, from your home.

In order to benefit from the feed in tariff, your solar panels must be installed by an MCS accredited installer . MiPower Limited are MCS approved.

The tariffs are index-linked to the Retail Price Index (RPI). The indices used to date are: