Specialist Installer of Solar Systems in Oxford and Surrounding Counties

Call us on: 01491 836065

or email enquiries@simssolar.co.uk

From 1 April 2013 the Export tariff and FiT (Feed in Tariff) rates will change for all solar panel PV owners

The extent each generator will benefit will depend on the date of system installation.

The rate increases are dependent on the published RPI rate for December the preceding year; the RPI rate for December 2012 was 3.1% and this will be applied to payments from 1 April 2013. However, the Government has tweaked the workings of the scheme so the benefits will vary from generator to generator.

For those Generators that installed their system before 1 August 2012 their Export rate will increase from 3.2p to 3.3p per kWh. However, the FiT rate they receive will vary, depending on the date and the size of the installation installed; early entrants to the scheme who are currently on the maximum rate of 45.4p per kWh generated will see their FiT payments increase to 46.81p per kWh generated. Those that installed between 1 April and 31 July 2012 will see their FiT rate increase from 21p to 21.65p.

For those installations completed from 1 August 2012, the way the changes are implemented is more complicated and will depend on the date of system installation. The mechanism was presented in the Government's response to Consultation on Comprehensive Review Phase 2A: Solar PV cost control.

In summary, all installations will benefit from an increase in the Export rate and specifically see their Export payments increase from 4.5p to 4.64p per kWh.

For installations completed between 1 August 2012 and 31 October 2012 will see an increase in their FIT rate from 16.0p to 16.5p per kWh generated and this will be applied from 1 April 2013.

For installations completed between 1 November 2012 and 30 April 2013 they will not receive an increase in their FiT payments until 1 April 2014 and will remain on the FiT rate of 15.44p per kWh generated until then. They will however receive the uplift in Export rate.

All very complicated and definitely worth checking with your FiT Licensee (the organisation you sell your electricity to) if in any doubt.

With hopefully better weather on the horizon it would be prudent to take a Generation Meter reading on the 31 March 2013 so that you will be in a better position to benefit from stronger light levels and the higher Export tariff and FiT rate. These interim readings can then be submitted along with your usual quarterly readings and your payments calculated accordingly.

Revised historical and current FiT rates and Export rates can be downloaded here.