A blog post

RPI adjusted FIT rates for 1/4/2011 – 31/3/2012 published

Posted on the 03 March, 2011 at 10:43 am Written by in Blog, Finance, Fuel prices, Government

Ofgem have published the RPI adjusted FITs tariffs for the period 1/4/11 to 31/3/12.

All tariffs, including the export tariff as well as the generation tariff, have been increased by 4.8% in line with the RPI change over the period 1/1/10 to 31/12/10.

As well as those who install in year 2 of the FITs (i.e. after 1st April 2011) getting the new tariff levels, everyone who installed in year 1 will get the increased tariffs from 1/4/11.

The table of new tariffs for all eligible renewable technologies is available from the Ofgem website.

We have provided the example below to show how much extra will you earn from your PV investment:

Dave Houston, MD of Chester based nationwide solar installers PV FIT, commented; “Today’s announcement on the RPI adjustment comes as welcome news for our customers amid growing concerns of the Governement’s comprehensive review of subsidy levels offered by the feed in tariff scheme”.

“We hope that the increased tariff rate will stimulate those who haven’t yet taken the plunge to now proceed with a solar photovoltaic installation before any potential cuts to tariff rates come into effect on 1st March 2012″.

If you are considering installing solar PV it has never been simpler – call us today on 0844 567 9032 or request a solar survey online.