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The feed-in Tariffs are new measurements introduced by the Government on 1st April 2010 to support and encourage deployment of small scale low carbon electricity generation. Local businesses, communities and individuals are able to invest in the generation of their own electricity, in return for a guaranteed payment for the electricity they generate and export back to the grid. These feed-in tariff (FITS) are also known as Clean Energy Cashback.
These FITS have all come about as part of the government plan to and help deliver the UK's 2020 renewable energy targets. FITS as they are known work alongside Renewables Obligation (RO), which is the main support scheme for renewable electricity projects in the UK.
The types of electricity technologies currently eligible for FITS are wind, Hydro, Solar photovoltaic (PV), Anaerobic digestion and Domestic scale microCHP. To apply for FITS you need to be MCS certificated which means you need to use the Microgeneration Certification Scheme which is easily found if you search in Google. You need to have your installation registered so it will generate the MCS certificate which is required for you to get the clean energy cash back incentives. (FITs).
So in simple terms this means we are all being encouraged to generate our own energy with renewable energy technologies. Solar heating and similar technology is evolving fast and it is becoming more affordable for many people. With grants and incentives available huge energy bills could soon be a thing of the past which is great news for everyone.
The renewable energy feed-in tariffs provide a win-win initiative for all concerned. The benefits are huge, you are doing your bit for the environment by the green energy (non polluting) you create, you reduce your household energy bills and get paid directly for any electricity you create but don't use by exporting it back to the national grid.
Energy prices have been on the increase over recent years and are still set to keep raising. This is because the vast majority of the electricity that powers our homes and businesses up and down the country are still being produced by conventional methods of turbines powered by fossil fuels like natural gas, oil and coal. Now these fossil fuels are becoming more and more scarce which is putting the cost up.
Renewable energy is certainly the future for powering and heating our homes. Currently building firms are being asked to install renewable energy systems such as air source heat pumps, solar heating systems to more and more properties. With the government full backing and with these incentives in place the trend looks set to stay.