The Feed-In-Tariff (FITS) is a paid by the Electricity supplier you decide to apply to (It does not have to be the supplier that supplys your current electricity supply) and backed by the Government. for a 25 year period. You get paid a fixed rate for every KW/h (kilowatt hour) your produce, regardless of whether or not you use that power you produce. The current FITS rate is 21p this is due to be reduced at the end of June 2012
Solar Benefits
Feed-In-Tariff
Export Tariff
Saving on energy bills
The Feed-In-Tariff (FITS) is a paid by the Electricity supplier you decide to apply to (It does not have to be the supplier that supplys your current electricity supply) and backed by the Government for a 25 year period.
You get paid a fixed rate for every KW/h (kilowatt hour) your produce, regardless of whether or not you use that power you produce.
The FITS supplier will ask you for a reading every 3 months, you will get payment 14-21 days later.
The current FITS rate is 21p this is due to be reduced at the end of June 2012
Being pro active is the most important key to saving money by using your Solar PV free electricity at the right time.
When your Solar PV array is producing electricity you should be using it, it's free and your getting paid the Feed-In-Tariff rate for producing it ( remember you get paid per kilowatt hour regardless of if you use it or not) So while your producing and using it to run your washing machine for instance, your not buying the electricity from your supplier.
The Solar monitors are a must for monitoring what your array is producing at any one time.
Being pro active is the most important key to saving money by using your Solar PV free electricity at the right time.
When your Solar PV array is producing electricity you should be using it, it's free and your getting paid the Feed-In-Tariff rate for producing it ( remember you get paid per kilowatt hour regardless of if you use it or not) So while your producing and using it to run your washing machine for instance, your not buying the electricity from your supplier.
The Solar monitors are a must for monitoring what your array is producing at any one time.