Ofgem have confirmed that for new Solar PV installation from April 2014, there will be a drop in the Feed In Tariff. For a ‘typical’ domestic solar panel installation this means a 3.5% drop in income from Feed In Tariffs.
1st April 2014 –
System Size | FiT rate (pence) |
Up to 4 kWp (new build & retrofit) | 14.38 |
4 kWp – 10 kWp | 13.03 |
10 kWp – 50 kWp | 12.13 |
50 kWp – 150 kWp | 10.71 |
150 kWp – 250 kWp | 10.25 |
250 kWp – 5MWp | 6.61 |
Standalone | 6.61 |
Any building not achieving an energy efficiency rating of D or above |
6.61 |
Export rate (the amount you earn for selling excess electricity to your energy company) |
4.77 |