FIT rates for new installations to remain unchanged until next year
5th August 2013
Feed-in Tariffs for the period from October 1 to December 31, 2013 will be identical to rates for the prior 3-month period. FIT rates are usually reviewed every 3 months and are cut or left intact based on the amount of capacity installed in prior months. The tariffs which came into effect on May 1, were only valid for 2 months due to a realignment of the Solar PV FIT degression schedule. Solar PV FITs are now revised on the first day of July, October, January and April.
Approximately 1,684 MW of installed PV capacity was confirmed on the UK's Central FIT Register (CFR) as of the end of June 2013, according to monthly figures from the Department of Energy and Climate Change (DECC). The vast majority of PV capacity registered to receive FITs comes from systems under 50 kW. As of July 28, the UK hosted 453,107 PV systems with a capacity of 50 kW or less. Together these systems had a total installed capacity of 1,625 MW. The UK aims to cover 15 percent of its domestic electricity demand with renewables by 2020. As part of this goal, DECC aims to have 22 GW of installed PV capacity by the end of the decade.