Solar Panel Fit Payments

Solar panels will most likely be classified as fixtures and in normal circumstances would be included in the house sale.

Solar panel fit payments.

So switching energy supplier with solar panels doesn t need to affect your fit contract at all. You can apply to get payments from your energy supplier if you generate your own electricity for example with solar panels or a wind turbine. The company that pays your subsidy is known as your fit licensee and they don t need to be the same as your energy supplier. Fit payments are made based on meter readings taken from compliant metering and submitted to the elected fit licensee.

Under fits householders receive payments for the electricity generated by eligible installed systems like solar pv wind or hydro turbines or micro chp. The scheme closed to new applicants at the end of march 2019. This is part of the government funded feed in tariff fit program and is an element of the uk s overall effort in meeting eu 2020 renewable obligations targets. You can have separate contracts for your energy supply and your fit payments.

If you re moving into a property with a renewable heating system already accredited to the domestic renewable heat incentive rhi scheme and you want to take over the domestic rhi payments from the previous owner you have 12 months from the date of sale of the property and renewable heating system to apply to the scheme. Under the new rules payments won t start until 1 january. For more information on the fit scheme see our about the fit scheme page. When a property with a solar installation is sold the equipment and the associated fit payments are sold along with the home.

So the solar panels have to stay put on the roof. However unlike the fit scheme which paid households for all electricity they generated and exported the new seg rules will only provide payments for the electricity you export. With up to 15 000 paid for well performing systems if you sell your solar you could pay for new home improvements a wedding education costs or an amazing holiday. For more information see fit licensee contact details.

Important information about fits closure and future applications. The feed in tariff fit scheme offered cash payments to households that produced their own electricity using renewable technologies such as solar pv panels or wind turbines. This is called a feed in tariff fit.