Under the UK Government’s Feed-in Tariff (FIT) scheme, you could be paid for the electricity you generate if you install or have installed a renewable electricity-generating system like PV or a wind turbine.
The UK Government's Department of Energy and Climate Change (DECC) recently held a consultation on a review of the Feed-In Tariffs scheme (FITs). On 17 December 2015 they published their response which included new, reduced tariffs for domestic-scale solar PV systems which will come into force from 15 January 2016 for new installations. Those already receiving FITs are unaffected by the changes.
FITs tariffs already published by Ofgem under the existing FITs scheme rules will apply from 1 January 2016 to 14 January 2016.
From 15 January 2016 the new, reduced tariffs will apply.
A number of changes are being made to the FITs scheme and further information will shortly be made available here. Please note that the details below does not incorporate the changes and will be updated shortly.
Until then you can refer to the full details of the proposed changes and consultation documents on DECC’s website which are also summarised in the changes to renewables subsidies press release
Draft guidance from Ofgem has also been published
You should bear these changes in mind if you are considering investing in a renewable electricity system or are making other decisions based on the Feed-In Tariffs scheme.