The Feed In Tariff ((FIT, FiT, standard offer contract, advanced renewable tariff, or renewable energy payments) scheme is a government programme designed to promote the uptake of small-scale renewable and low-carbon electricity generation technologies.
Introduced on 1 April 2010, the Feed In Tariff scheme requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations.
The FIT scheme is available for anyone who has installed, or is looking to install, one of the following technology types up to a capacity of 5MW, or 2kW for micro-CHP:
- Solar photovoltaic (PV)
- Micro combined heat and power (CHP)
- Anaerobic digestion (AD)
How does the Feed In Tariff scheme work?
If your application is successful, you will receive FIT payments for the electricity your installation has generated and exported each time you submit a meter reading to your FIT licensee.