Feed In Tariff
The Feed-in Tariffs (FIT) scheme was a government initiative designed to pay homeowners for the energy they generate and export to the National Grid – a good incentive to not only help the environment but also earn money.
Despite the fact that the Feed-in tariff was replaced by the Smart Export Guarantee, many homeowners continue to feed their electricity back to the grid at very good rates if they applied before the 31st of March 2019. For those looking to generate renewable energy now, the SEG scheme offers a similar opportunity, allowing households to benefit from exporting their surplus energy.