Ofgem have released the new Feed-in Tariff (FiT) rates and they see the generation tariff sit at 3.93p/kWh from 1st July to 30th September 2018, inline with the expected quarterly degression.
The export tariff, which is paid for every kWh you sell to the electricity grid, is now at 5.24p/kWh.
Solar PV Rates from 1st July until 30th September 2018
Take a look at the new Feed-in Tariff rates for a range of solar PV systems in the table below:
|Capacity||FiT Rate (p/kWh)|
For the full list of rates, take a look at the official Ofgem Feed-in Tariff Generation and Export Payment Rate table.
Want to learn even more about the Feed-in Tariff? To help you find out more about the Feed-in Tariff, we’ve put together a handy guide that includes everything you need to know.
Deployment Caps in 2018
Deployment caps are limits on the total number of installations that can receive a tariff rate during the quarter of the year that tariff is in place. When the cap is reached, no more installations will receive the generation tariff during that quarter, any remaining applications are added to a queue for the next FiT rate. With this in mind, we recommend getting your application in as soon as you can to give you the best chance of getting the current FiT rates.
How You Can Benefit from the Current FiT Rate
If you’d like to benefit from the rate as it applies now, you need to have your solar panels installed before the 1st October 2018. Your solar system needs to be installed by an MCS (Microgeneration Certification Scheme) certified installer using MCS Certified products. When the installation is complete your installer will register you on the central FiT database and you’ll receive a certificate confirming FiT compliance.