What is a Feed in Tariff (FITs)?
The Feed In Tariff scheme allows homeowners to generate their own energy from renewable sources such as solar power, wind turbines and hydropower. Any excess energy created can be sold back to their energy provider. The scheme, introduced in 2010, is part of the Government’s target to produce 15% of the UK’s electricity from renewable sources by 2020.
For information on the tariff rates for the Feed In Tariff scheme, please visit Ofgem’s website.