Feed In Tariff rate change

Posted by Princes LHS on 14th Oct 2014 under Uncategorized

The Department of Energy and Climate Change (DECC) has announced that the current Feed-in Tariff rate of 14.38p/kWh is set to decrease by 3.5% on the 1st January 2015. This will make the rate drop to 13.87p/kWh.

It is important to note that any solar PV system that is commissioned before this date will still be eligible for the higher, current tariff, subject to gaining an Energy Performance Certificate (EPC) at a band ‘D’ or higher.

Degression is a periodic reduction in tariffs, the size of which is dependent on the amount of  deployment in the preceding period.- DECC

Because of the number of Solar systems that have been installed in the UK in the last quarter, and because there hasn’t been a change in Feed-in Tariff rate since 1st April 2014, we are now due a change in rate.

Here at Princes LHS Ltd, we commission the system and send off your Feed in Tariff application forms to your energy provider for you, meaning that you can begin to see your electricity savings as soon as possible.