Latest news from Ofgem reveal Feed-in Tariff rates drop for under 50kW

Ofgem announced their changes to the Feed-in Tariff rates on October 31st. These new Feed-in Tariff rates will come into affect on the 1st January 2015 and remain in place until the 31st of March when another announcement of possible changes is expected.

The Feed-in Tariff guarantees you an income from producing and exporting electricity to the grid for the next 25 years at a rate of pence per kWh.

The latest changes to the feed-in tariff rates see PV systems under 50kW expect a 3.5% drop in tariff rates whilst systems of 50kW can still enjoy a healthy 10.34 p/kWh.

See the table below to compare rates-

[su_table]

System size FiT p/kWh 1st July – 31st Dec 2014 FiT p/kWh 1st Jan – 31st March 2015
Under 4kw New Build 14.38 13.88
Under 4kW Retro-fit 14.38 13.88
4 – 10kW 13.03 12.57
10 – 50kW 12.13 11.71
50 – 100kW 10.34 10.34
100 – 150kW 10.34 10.34
150 – 250kW 9.89 9.89

[/su_table]

Great news for those of you who are able to install commercial PV of this capacity such as on factory roofs, farm buildings and ground-mount systems.

Caplor Energy are independently rated as a Top 10 UK installer for PV and other renewable energy systems and are Herefordshire’s only NFU Farm Energy Service approved supplier.

Call us today on 01432 860 644 to take advantage of a great Feed-in tariff rate or fill out our online form to arrange a personable, no-nonsense energy survey.

 

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