Home Our Services Green Energy Management Feed in Tariffs (FITs)

Feed in Tariffs (FITs)

Government backed loans known as Feed in tariffs (FITs) – became available in GB 1st April 2010 and are available for anyone to install their own low carbon renewable energy systems such as Photovoltaic (PV) panel systems or Wind generating turbines.  Energy suppliers are required to make regular payments to customers who generate their own electricity from renewable or low carbon sources.


Over recent months there has been a lot of press about the Government's decision to halve the level of tariff paid for energy produced far earlier than was expected.  The announcement has resulted in a period of consultation where the Government is reviewing its decision.  This has meant that companies previously offering fully funded alternative energy solutions, have suspended such offers until the end of the consultation period.  Instead some funding companies are offering the option of a power purchase agreement which means that they will fund the installation of equipment in return for a commitment to buy back energy at an agreed rate which can be as low as 5.5p opposed to the standard 11p rate.


The buyback alternative can still be a viable option with the potential reduction in your annual energy bill and potential energy saving measures you can take.  


If your business is considering installing alternative energy equipment in Cheshire or anywhere within the UK and would like to explore your options, please do not hesitate to contact EcoPMC today.

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Eco PMC Limited

 

2 Rowley Way
Knutsford
Cheshire
WA16 9AU
United Kingdom 

 

Telephone - 07807 915 558

Email - info@ecopmc.co.uk

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Contact us

2 Rowley Way          
Knutsford
Cheshire
WA16 9AU

Tel - 07807 915 558


Email - info@ecopmc.co.uk

 

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