Solar PV Photovoltaic Feed in Tariff rates 1st January 2014 were released by OFGEM on 31st October 2013.
A 3.5% degession (reduction) has been applied to the FiT tariff for systems that are installed with a capacity greater than 50kW and for standalone systems. The updated tariffs can be found:
– on our webpage http://www.cgascoigne.co.uk/services/solar-pv/feed-in-tariff/
or
– at OFGEM https://www.ofgem.gov.uk/ofgem-publications/84190/fitpaymenttable1january2014tariffs.pdf.
For any one considering installating a Solar PV Photovoltaic system it should be noted that in the Spring (1st April 2014) the FiT rate for systems installed with a capacity of less than 50kW will be reduced under the current legislation even if the installed capacity expected in this next period has not been achieved!
The miniumum reduction is 3.5% so the FIT for systems up to 4kW in size is likely to reduce to 14.38p per kWh from 14.90p currently. This will be confirmed at the end of February 2014 effective from 1st April 2014.