Ofgem has confirmed the feed-in tariff rates (FiT) for solar photovoltaic technology for the period starting 1 July 2013 until 1 October 2013.
The new FiT rates for installations with an eligibility date on or after 1 July 2013 are as follows:
FiT rate p/kWh
Export tariff 4.64
Despite installations in the 0-50kW range falling short of the stated capacity triggers, the 0-4kW, >4-10kW, >10-50kW will all degress by 3.5% as a result of the controversial automatic degression model that the Department of Energy and Climate Change (DECC) included as part of the revised feed-in tariff.
Industry had been expecting the feed-in tariff rates to be changed from 1 August in line with the regular quarterly reviews, however, DECC moved the reference date forward one month to 1 July. Industry reacted angrily to the changing of reference dates due to the lack of warning or formal announcement.
All tariff bands >50kW will remain the same as last quarter as the rates for all >50kW bands were reduced by 3.5% across the board on 1 May. The 3.5% reduction in <50kW bands, although modest, hits the feed-in tariffs most popular capacities -- for the week ending 21 April, there was 7.9MW of solar capacity installed within the <50kW bands.