What is a Feed-in Tariff?
The Feed-in Tariff (FiT) is a government scheme that lets you earn money for green electricity you produce and sell back to the National Grid. It’s designed to encourage more people in the UK to join the green energy revolution by generating their own renewable and low carbon electricity.
The Feed-in Tariff scheme stopped accepting new applications on 31 March 2019. You can find out more information on the Ofgem website. However, if your system was commissioned and MCS certified by this deadline, you can still apply to switch your Feed-in Tariff to Ecotricity using the switch form below.
You can find out more about our own FiT scheme by heading over to our Microtricity page.
What is an export tariff?
An export tariff lets you sell any extra units of energy you don’t use to power your home back to the grid. The money you get will either be based on:
- 50% of your total electricity generation
- 75% of your total electricity generation, if you use a hydro system
- Your export meter readings, if your capacity is more than 30kW and you’ve got one installed
If you have an export meter and a capacity of more than 250kW, a Power Purchase Agreement (PPA) could help you get a better price for your energy.
How does the Feed-in Tariff work?
You can get a Feed-in Tariff if you generate your own renewable electricity through:
- Solar panels (roof-mounted or standalone)
- Wind turbines (building-mounted or free-standing)
- Hydro turbines
- Anaerobic digestion (biogas energy)
- Micro combined heat and power (micro-CHP)
You’ll be paid for every unit of electricity you generate, with rates paid per kilowatt hour (kWh). Although Feed-in Tariff rates are set by the government, you’ll be paid by us.
How much will you get paid?
The generation rate you get paid for your electricity will depend on:
- The size of your system
- The technology you install
- The date your system was installed
- The energy efficiency of your home
Will the rates change?
The rate you get paid for your green electricity generation is set by the government, but it may go up or down based on the retail price index (RPI).
Your tariff will be fixed for 20 years on most energy generation systems, aside from small fluctuations as a result of the RPI.
Tariff rates can change when they’re reviewed by the government. The Feed-in Tariff was cut on 1 January 2016 for new installations, although systems installed before that date weren’t affected.
When will you be paid?
You can receive payments up to four times a year in February, May, August and November. We’ll send you a reminder to submit your meter readings, and use them to calculate your payments.
You can choose between two methods of payment:
- We’ll credit your Ecotricity energy account (if you don’t pay by fixed Direct Debit)
- We’ll make a payment directly into your bank account
What if you move house?
If you move home, the ownership of your renewable energy systems will usually transfer to the new owners and they’ll qualify for your FiT payments.
You’ll need to notify us of the change at least 14 days before you’re due to move.
Can you switch a FiT to Ecotricity?
Yes, just like switching your home energy plan, you can transfer an existing Feed-in Tariff to us using the switch form below. Just email us at firstname.lastname@example.org or call us on 0345 555 7600 to find out more.