MET News

Solar PV - Feed Rates Increased!
14 March 2011

Feed rates Solar PV increased!

RPI adjustment of 4.8% feed in tariff to 43.3p/kWh for existing and new installations as of 01/04/2011.

All tariffs, including the export tariff as well as the generation tariff, have been increased by 4.8% in line with the RPI change over the period 1/1/10 to 31/12/10.

As well as those who install in year 2 of the FITs (i.e. after 1st April 2011) getting the new tariff levels, everyone who installed in year 1 will get the increased tariffs from 1/4/11.

The table of new tariffs for all eligible renewable technologies is available from the Ofgem website.

Andy Hawley, Sales & Marketing Manager of MET, commented; “The recent announcement on the RPI adjustment comes as welcome news for our customers amid growing concerns of the Governments’s comprehensive review of subsidy levels offered by the feed in tariff scheme”.

“We hope that the increased tariff rate will stimulate those who haven’t yet taken the plunge to now proceed with a solar photovoltaic installation training before any potential cuts to tariff rates come into effect on 1st March 2012″.

If you are considering installing solar PV it has never been simpler – call us today on 0845 168 6600 or email us us info@met-uk.com. MET have bespoke training packages available.