Installers who have priced up jobs for solar photovoltaic panel installations should warn customers that from April 1st 2014, the feed-in-tariff (FIT) will be cut for photovoltaic (pv) systems up to 50kW - so timing is crucial if they are to lock-in to the current lower rate. From April 1st, rates for solar pv installations will be as follows*:
Back to Insights- Smaller installations of less than 4kW will receive 14.38 p/kWh of energy fed into the grid (a cut of 3.5 per cent)
- For installations between 4kW and 10kW, the tariff will be 13.03 p/kWh (also a cut of 3.5 per cent)
- Larger installations of between 10kW and 50kW will be 12.13 p/kWh for every kWh of solar power generated.