Feed in Tariff: Difference between revisions

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[[Category:Legislation & Policy]] [[Category:Economics]]

The ~~'''~~Feed-in ~~Tariffs~~ (FIT)~~'''~~ scheme was a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies. Introduced in 2010, it closed to new applicants on 31st March 2019 and requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations <ref name="foo"> [[Ofgem]], 2019. [https://www.ofgem.gov.uk/environmental-programmes/fit/about-fit-scheme About the FIT scheme. Ofgem]. [online]. [Accessed 30 Oct. 2019].</ref>. From 1st January 2020 it was replaced by [[The Smart Export Guarantee]] ([[SEG]])<ref>[https://www.ofgem.gov.uk/system/files/docs/2020/02/seg_generator_guidance_-_final_for_publication.pdf Ogem Guidance for Generators]</ref>.

The [[Feed in Tariff]] ([[FIT]]) scheme was a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies. Introduced in 2010, it closed to new applicants on 31st March 2019<ref>[https://www.ofgem.gov.uk/system/files/docs/2019/03/guide_to_closure.pdf FITs - Essential Guide to Closure of the Scheme Ofgem]</ref> and requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations <ref name="foo"> [[Ofgem]], 2019. [https://www.ofgem.gov.uk/environmental-programmes/fit/about-fit-scheme About the FIT scheme. Ofgem]. [online]. [Accessed 30 Oct. 2019].</ref>. From 1st January 2020 it was replaced by [[The Smart Export Guarantee]] ([[SEG]])<ref>[https://www.ofgem.gov.uk/system/files/docs/2020/02/seg_generator_guidance_-_final_for_publication.pdf Ogem Guidance for Generators]</ref>.

The FIT scheme is available for anyone who has installed one of the following technology types up to a capacity of 5MW, or 2kW for [[CHP]]:

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 [[Category:Legislation & Policy]] [[Category:Economics]]
-The '''Feed-in Tariffs (FIT)''' scheme was a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies. Introduced in 2010, it closed to new applicants on 31st March 2019 and requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations <ref name="foo"> [[Ofgem]], 2019. [https://www.ofgem.gov.uk/environmental-programmes/fit/about-fit-scheme About the FIT scheme. Ofgem]. [online]. [Accessed 30 Oct. 2019].</ref>. From 1st January 2020 it was replaced by [[The Smart Export Guarantee]] ([[SEG]])<ref>[https://www.ofgem.gov.uk/system/files/docs/2020/02/seg_generator_guidance_-_final_for_publication.pdf Ogem Guidance for Generators]</ref>.
+The [[Feed in Tariff]] ([[FIT]]) scheme was a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies. Introduced in 2010, it closed to new applicants on 31st March 2019<ref>[https://www.ofgem.gov.uk/system/files/docs/2019/03/guide_to_closure.pdf FITs - Essential Guide to Closure of the Scheme Ofgem]</ref> and requires participating licensed electricity suppliers to make payments on both generation and export from eligible installations <ref name="foo"> [[Ofgem]], 2019. [https://www.ofgem.gov.uk/environmental-programmes/fit/about-fit-scheme About the FIT scheme. Ofgem]. [online]. [Accessed 30 Oct. 2019].</ref>. From 1st January 2020 it was replaced by [[The Smart Export Guarantee]] ([[SEG]])<ref>[https://www.ofgem.gov.uk/system/files/docs/2020/02/seg_generator_guidance_-_final_for_publication.pdf Ogem Guidance for Generators]</ref>.
 The FIT scheme is available for anyone who has installed one of the following technology types up to a capacity of 5MW, or 2kW for [[CHP]]: