FIT Feed in Tariff
The Feed in Tariff is the name given to the cash reward offered by the government, to encourage business and homeowners to generate their own electricity through renewable electricity-generating technologies. This would either be for their own use, to sell back to the national grid or a combination of the two.
There are a number of renewable technologies that qualify for the FIT, inlcuding the most well known, solar electricity (PV) (roof mounted or stand alone).
Energy Clever have been installing Solar PV across various domestic and commercial settings since the FIT was first established in 2010.
As the government does not have an endless pot of money, the tariff reguarly changes in proportion to the uptake of various money generating technologies, and reveiws of the rates take place every three months or so.