New FiT rates now in force

New Feed-in Tariff rates for solar photovoltaic technology begin today.
The rates (in p/kWh) are: 0-4kW - 15.44; >4-10kW - 13.99; >10-50kW - 13.03; >50-100kW - 11.50; >100-150kW - 11.50; >150-250kW - 11.00; >250kW-5MW- 7.10; Stand-alone - 7.10; Export tariff - 4.50.

However, recent electricity price rises mean these cuts will increase the return on investment from solar projects.

Dr. Chris Jardine, Technical Director at PV installer Joju Solar, told Solar Power Portal: 'We've seen a 3.5 per cent cut in Feed-in Tariffs on residential and small commercial buildings. But at the same time, we've seeing electricity prices rise by as much as 10 per cent in October which more than outweighs the cut in feed-in-tariffs and makes the return on investment from solar projects higher than it was this time last month.'

Follow HVROnlineEditor on Twitter
1 November 2012


Already Registered?
Not Yet Registered?

The HVR Awards are heating up: will you be in the running?

With the entry stage of the competition now in full swing, the contest is set to be fiercer than ever and it’s not too late to put your business in the running....


Pendred team joins Humidity Solutions

Humidity Solutions has welcomed three new team members, all of whom previously worked for humidification and water systems specialist Norman Pendred & Co....


Building Dryers and Desiccant Dehumidifiers IN STOCK NOW

It's still raining. Building Dryers and Desiccant Dehumidifiers IN STOCK NOW for immediate delivery to protect against water damage.
Heating & Ventilating Review is the number one magazine in the HVAR industry. Don’t miss out, subscribe today!
Subcribe to HVR