January 2019 Feed-in Tariff Announced at 3.41p/kWh
Ofgem have announced the final Feed-in Tariff (FiT) rates before the scheme closes and sees the Generation Tariff fall to 3.41p/kWh from 3.47p/kWh. The new rate will be in effect from 1st January 2019 until the closing of the scheme on 31st March 2019
The Export Tariff, paid for every kWh sent to the National Grid, remained the same at 5.24 p/kWh.
Feed-in Tariff Rates from 1st January to 31st March 2019
Take a look at new Feed-in Tariff rates for a range of solar PV systems below:
|Capacity||FiT Rate (p/kWh)|
You can find out everything you need to know about the scheme in our guide to the Feed-in Tariff. You can also see a full list of rates on the official Ofgem Feed-in Tariff Generation and Export payment rate table.
Deployment Caps in 2019
Deployment caps are there to prevent too many installations from receiving the Feed-in Tariff during any quarter of the year. Once a certain number of installations are receiving the Feed-in Tariff, and the cap is reached, no further installations are eligible for the generation tariff during that time.
Any remaining applications are placed into a queue for the next FiT rates instead. To give you the best possible chance of getting the new FiT rate, we recommend getting your application in as soon as possible.
Feed-in Tariff to End in 2019
We’re getting ever closer to the end of the Feed-in Tariff, which means that time is of the essence if you want to profit from the scheme. Applications received after 31st March 2019 won’t be eligible for the FiT and the government hasn’t announced a replacement scheme. If you currently receive FiT payments, you don’t need to worry as you’ll continue to get them until your solar PV system is 20 years old (25 in some cases).
Those of you that haven’t yet installed solar PV for your home and are interested in cheaper energy bills, reduced carbon emissions and cashing in on those FiT payments then we highly recommend acting fast. You can get the ball rolling by filling in one of our simple online forms to get free quotes from up to 3 trusted installers in your local area.