Feed-In Tariff (FIT)

The Feed-In Tariff, also known as FIT, became available in the UK on April 1 2010 and is the electricity sector of the Clean Energy Cash Back scheme – a Government-backed scheme that pays people who create their own electricity using green technology including solar PV panels.

The Feed-In Tariff guarantees a minimum payment for all electricity generated by the system, as well as an additional payment for the unused electricity produced that can be exported to the grid, known as the Generation tariff and Export tariff respectively.

These payments will boost household savings as bills will be reduced by using electricity generated on-site.

The tariff is available to everyone – households, landlords, businesses and even communities and organisations like schools and village halls – and will be overseen by Ofgem which regulates the electricity and gas markets in Great Britain.