From April 1st the now 1 year old Feed in Tariff (FiT) scheme has had the annual inflation review. For this coming year a 4.8% increase will be applied, taking the original 41.3p a generated unit to 43.3p!.
The annual review is based on the previous years perfomance of the Retail Price Index (RPI), and is good news for this coming year.
As an example, a 2.22kWp system could generate around 1950 units a year. Last year, that would have equated to £805. This coming year that will increase to £844… Yay!!