Solar Panel Fit Payments

So switching energy supplier with solar panels doesn t need to affect your fit contract at all.

Solar panel fit payments.

Under the new rules payments won t start until 1 january. The company that pays your subsidy is known as your fit licensee and they don t need to be the same as your energy supplier. Under fits householders receive payments for the electricity generated by eligible installed systems like solar pv wind or hydro turbines or micro chp. Fit payments are made based on meter readings taken from compliant metering and submitted to the elected fit licensee.

To see if solar panels are worth getting in the meantime see solar panels are they worth it. If you re moving into a property with a renewable heating system already accredited to the domestic renewable heat incentive rhi scheme and you want to take over the domestic rhi payments from the previous owner you have 12 months from the date of sale of the property and renewable heating system to apply to the scheme. For more information on the fit scheme see our about the fit scheme page. This is part of the government funded feed in tariff fit program and is an element of the uk s overall effort in meeting eu 2020 renewable obligations targets.

For more information see fit licensee contact details. The feed in tariff fit scheme offered cash payments to households that produced their own electricity using renewable technologies such as solar pv panels or wind turbines. When a property with a solar installation is sold the equipment and the associated fit payments are sold along with the home. You can have separate contracts for your energy supply and your fit payments.

The scheme closed to new applicants at the end of march 2019. If your installation was fitted after 15 july 2009 and has a declared net capacity of 50kw or under it must be mcs accredited to qualify for fit payments. However unlike the fit scheme which paid households for all electricity they generated and exported the new seg rules will only provide payments for the electricity you export. Solar panels will most likely be classified as fixtures and in normal circumstances would be included in the house sale.

This is called a feed in tariff fit. We buy your solar allows you to sell your solar pv system feed in tariff for a cash lump sum and still keep all of the free electricity you generate. So the solar panels have to stay put on the roof.