Feed-In Tariffs are paid for renewable electricity produced, plus a bonus for power exported
The Feed-In Tariffs are based on the electricity generated by a renewable energy system which is used in the property. There is also an additional bonus for any energy produced which is exported to the electricity grid. This means you get paid more for the energy you don’t use than for that which you do which encourages energy efficiency.
At times when you are producing less electricity than you are using, the shortfall will be imported from the grid and you will pay your electricity company for this in the usual way.
The Feed-In Tariffs therefore give you three separate financial benefits:
- A generation tariff payment, which is based on the total electricity generated and the energy type
- An export tariff payment, which is for any energy exports made when generating more than you use
- Lower bills from your supplier for the electricity you import from them
How to find out more
There’s a wealth of information on our site about the Feed-In Tariffs.
Have a look at:
- Our quick guide, with a brief overview of how it all works
- The generation tariff (and what happens if you have more than one system)
- The export tariff
- Saving on your energy bill
- How long the Tariffs last and whether they change
- How the Tariffs get paid and where the money comes from
- How the electricity is measured
- How to select which type of system, or find an installer
- How to register for Tariffs
- All the finer details, for those interested in all the background and legislation details to the tariffs