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Feed in tariff

The Feed-in-tariff (FIT) scheme ceased to apply for new projects after April 2019. Ahead of this it was only available for projects capable of producing less than 5MW. New projects attracted a subsidy per KWh for electricity produced. The overall cost of new accreditations under the FIT scheme to the government was capped however. FITs awarded before the end of July 2012 are paid for 25 years and, after 1 August 2012, for 20 years. These subsidies are index-linked.

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