You are here: Home » Articles » Clean Energy Cash Back Scheme
Articles
Clean Energy Cash Back Scheme
Clean Energy Cash Back Scheme:
The clean energy Cash Back scheme was launched on the 1st of April 2010 by the UK Government to encourage people to generate their own low carbon energy. This means that you will be paid for every kilowatt hour (kWh) generated by your Solar Photovoltaic Generator - an investment that could save you money by generating the electricity you need to power your home while also earning you benefits through the Government's Clean Energy Cash back Scheme. (Also known as Feed in Tariff Fits)
Once a solar generator has been installed in your home, you will be presented with a certificate confirming FIT compliance, which is then handed over to the energy supplier. You will then qualify for the Clean Energy Cash back plan, you could earn £1,386.00* a year, including the savings you'll make reducing the amount of electricity you'll need to purchase from your supplier.
*Figures are based on a 3.3Kwp solar generator taking into account 50% consumption & 50% export of the energy generated and an industry average of electricity being purchased for 13 pence per kW/hr.
Summary:
- The sun produces daylight
- Daylight stimulates the solar generator.
- The solar generator produces the mains quality electricity.
- The electricity generated is recorded my a FIT meter.
- It is the fit meter reading that is used to claim your Fit Tariff.
- The electricity is then fed into your house supply usually between the main meter and the consumer unit (Fuse Box).
- If the electricity load on your house is equal to or greater that the energy generated you will consume all of the energy generated and your main meter will either remain stationary or run slower saving on electricity purchased in addition to earning from the feed in tariff.
- If the load on your home is less than the energy being generated by the solar generator all surplice energy will be exported to the grid you will be paid an additional 3 pence per kwh exported in addition to the energy you have not had to purchase plus the feed in tariff.
UK Feed-In Tariff Values
Table of generation tariffs to 2020 (as Issued By DECC on the 1st of February 2010)
Tariff levels for new installations in period (p/kWh) (NB tariffs will be inflated annually)
| Date | 01/04/10 - 31/03/11 | to 31/03/12 | to 31/03/13 | to 31/03/14 | to 31/03/15 | to 31/03/16 | to 31/03/17 | to 31/03/18 | to 31/03/19 | to 31/03/20 | to 31/03/21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ~4kW (New Build) | 36.1 | 36.1 | 33 | 30.2 | 27.6 | 25.1 | 22.9 | 20.8 | 19 | 17.2 | 15.7 |
| ~4kW (Retrofit) | 41.3 | 41.3 | 37.8 | 34.6 | 31.6 | 28.8 | 26.2 | 23.8 | 21.7 | 19.7 | 18 |
| >4-10kW | 36.1 | 36.1 | 33 | 30.2 | 27.6 | 25.1 | 22.9 | 20.8 | 19 | 17.2 | 15.7 |
| >10-100kW | 31.4 | 31.4 | 28.7 | 26.3 | 24 | 21.9 | 19.9 | 18.1 | 16.5 | 15 | 13.6 |
| >100kW-5MW | 29.3 | 29.3 | 26.8 | 24.5 | 22.4 | 20.4 | 18.6 | 16.9 | 15.4 | 14 | 12.7 |
| Stand Alone | 29.3 | 29.3 | 26.8 | 24.5 | 22.4 | 20.4 | 18.6 | 16.9 | 15.4 | 14 | 12.7 |
NB: Customers will receive the tariff applicable on the year of sign for 25 years. Tariffs will be annually increased in line with the Retail price index.
About the article
| Author: | Dr Terrence Lewis (MSc, BSc) |
| Publish Date: | Thursday 25th of November 2010 at 08:00 |
| Tags: | [none] |
Follow Us
To share this article or follow our articles use the icons below:
Free Quote From
Our Solar Experts
Please Wait