Feed-in Tariffs

The Department of Energy and Climate Change (DECC) operate a scheme intended to stimulate the growth of renewable energy across the UK.  This is known as the Feed-in Tariff (FITs).  The level of support for hydro is shown below:

 

DECC Feed-in Tariffs – until 31st March 2016

Technology

Scale

p/kWh

Tariff lifetime (years)

Hydro

≤100 kW

8.54

20

Hydro

>100kW – 2MW

6.14

20

Hydro

>2MW - 5MW

4.43

20

The Export Tariff is 4.85p/kWh

 

The rates are subject to a ‘degression’ mechanism that reduces them over time – for new entrants.  Once a rate is achieved it is guaranteed by DECC for 20 years, rising year on year in line with the Retail Price Index

For the full story on Feed-in Tariffs and the status and conditions of the scheme please go to -

www.ofgem.gov.uk/environmental-programmes/feed-tariff-fit-scheme