What is the Feed-in-Tariff and how does it work?
The Feed-in-Tariff (FiT) scheme is a UK-wide initiative.
The purpose of the scheme is to encourage the installations of small-scale renewable and low-carbon technologies, for example the installation of solar panels. Under the scheme, you’ll be paid for every unit of electricity your solar PV system generates whether you use it or not
and, in most cases, also be paid for the unused electricity you export back to the grid.
Isn’t the FiT coming to an end?
Although the feed-in tariff ends in April 2019, schools and education providers that already have FiT registrations will still continue to receive subsidy for the remainder of their agreement term, as will new registrations before the above date.
What can I do?
Schools and education providers can apply for pre-registration up until the 31st March 2019. Pre-registration is a process through which a prospective education provider applies for a determination as to whether their commissioned installation meets the requirements of a school installation.
Once granted, pre-registration is valid for one year starting on the date that Ofgem received the application. Within the validity period, the education provider must provide the confirmation letter together with other required documents (eg the MCS certificate, EPC) when applying to their FIT licensee for FIT accreditation.
Ultimately this means schools currently considering solar PV should therefore look at fast-tracking their decision to pre-register and take advantage of having access to the remaining FiT subsidy for a further 12 months after the deadline; particularly as larger commercial PV projects can take several months to design, procure and obtain the necessary permissions.
Contact Campbell & Kennedy on 0141 435 7774 to find out more.