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News - April 2012
PV System Installers Celebrate as Government Appeal is Rejected
There is good news for PV installations commissioned between the 12th December 2011 and 2nd March 2012 as the... read more
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What is my return on investment?
The rate of income through the Feed- in Tariff (FIT) is determined by the size of the system and the current rates are as detailed below:
| System Type | Size |
Rate/kWh current |
Rate/kWh proposed |
| Solar PV | 0 - 4kWp (new build) | 37.8p | 21.0p |
| Solar PV | 0 - 4kWp (retrofit) | 43.3p | 21.0p |
| Solar PV | 4kWp - 10kWp | 37.8p | 16.8p |
| Solar PV | 10kWp - 50kWp | 32.9p | 15.2p |
| Solar PV | 50kWp - 100kWp | 19.0p | 12.9p |
| Solar PV | 100kWp - 150kWp | 19.0p | 12.9p |
| Solar PV | 150kWp - 250kWp | 15.0p | 12.9p |
| Solar PV | 250kWp - 5MW | 8.5p | 8.5p |
| Solar PV | Stand alone | 8.5p | 8.5p |
| Solar PV | Export Rate 3.1p |
The Feed-in Tariff is paid for every unit (kWh) of electricity generated by your solar PV system irrespective of if you use that energy yourself or export it to the grid. In addition to the Feed-in Tariff for any energy you generate and use, you save purchasing that from your electricity supplier and any surplus energy you don't use can be exported, which you can then receive at an additional tariff for.
Examples based on the proposed FIT rate
| Size of system | Expected kWh produced per annum | FITS Rate (p/kWh) | Annual benefit* | Return on investment (ROI%) | Payback in years |
| 10kWp | 8,584 | 16.8 | £2,300 | 10 | 10 |
| 50kWp | 42,920 | 15.2 | £10,815 | 10 | 10 |
*Based on income from FITS and annual saving from offsetting electricity purchase (at 10p/kWh) and 0% export
Note: This does not take into consideration the RPI indexed with the FITS