The final new Feed-in Tariff (FiT) rates, ahead of the scheme closing at the end of March 2019, have been released by Ofgem and they now sit at 3.41p/kWh, in line with the quarterly digression. These rates take effect from 1st January 2019 to the 31st March 2019.
The Export Tariff, paid for every kilowatt-hour (kWh) of energy you send to the electricity grid, remains at 5.24 p/kWh.
Solar PV Rates from 1st January until 31st March 2019
Find out the FiT rate for a range of different solar PV systems in the table below:
|Capacity||FiT Rate (p/kWh)|
Find out the full list of rates on the official Ofgem Feed-in Tariff generation and export payment rate table.
Feed-in Tariff to End in 2019
In July 2018, it was announced that the Feed-in Tariff would be clsoing in March 2019, earlier than originally planned. Any applications received after the closing date will not be eligible. This means that if you’ve been thinking of installing a solar PV system for a while, you’ll need to act now so that you can add 20 years of FiT payments to the long list of benefits solar energy can bring to your home. The best place to start is by getting installation quotes from up to 3 different installers to help you find the best deal. Fill in one of our simple forms today to get free quotes from trusted installers in your area.
Deployment Caps in 2019
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. Once 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’re interested in benefitting from the FiT scheme for the next 20 years, you need to have your solar panels installed before the 31st March 2019 but having the installation finished on this date will be too late to apply so time is of the essence. Find out the process of installing solar to being accepted onto the FiT from start to finish using our FiT Closing Guide to find out the latest you can install solar and still qualify.