How the feed in tariff works

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How the feed in tariff works

Posted on Wednesday, January 04, 2012

Power is fed into the grid when you are producing more than you need during daylight hours. Any surplus electricity is then fed back through a meter into the grid. The meter keeps track of how much power has been generated and how much is being fed back into the grid. You receive a cheque for the electricity, with the amount being based on a feed-in tariff (also known as a FIT)

The feed in tariff has been news recently, posing more questions than answers; Is solar still a worthwhile investment? Is the power I produce still free?

The answer to both questions is yes.

At the current 21p tariff, a 4 kilo watt full system supplied and installed by Solar Conversions is likely to feed enough electricity back to the grid for a return of £30,000 over the next 25 years.