Tag - feed in tariff

Feed-in Tariffs

What are Feed-In Tariffs? Feed-In Tariffs are payments to ordinary energy users for the renewable electricity they generate. By 2020 the government’s target is for 15% of total energy should be generated from renewables, by introducing the Feed-in Tariffs (also known as FIT’s) in April 2010 it was hoped that the level of renewable energy generated in the UK would increase. FITs are available to everyone and the tariffs are used to incentivise people to use solar power and encourage us to [...]