Clean Energy Cashback Scheme also known as The Feed-in-Tariff scheme (FITs) is an environmental programme which was introduced in the UK by the government on the 1st April 2010, under powers in the Energy Act 2008.The main purpose has been to support small-scale renewable and low-carbon electricity generation technologies.
The Feed-in tariff can generate income in the following 3 ways:
1.You get paid for all the energy that you generate whether you use it all or not. (Generation Tariff)
2. You get an additional payment for any energy that is not consumed by you and sold back to the grid (Export tariff)
3. You save money as sunlight is free, so once you’ve paid for the initial installation your electricity costs will be greatly reduced. A typical home PV system can produce around 40% of the electricity a household uses in a year.
For further information about FITs, please visit the websites:
Energy Saving Trust
Department of Energy and Climate
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