Have the Feed in Tariff’s dropped now?
Yes, but the cost of systems is coming down too, so as a Return On Investment for Solar PV remains the same. The Government target is for a 8% ROI, however in Cornwall domestic system can reach 16% ROI and Commercial systems can reach 30% ROI. The FIT is reviewed every 3 months, many of these reviews result in no change to the FIT, if it does change then the reduction of FIT is no more than 3.5%. As the Export tariff and savings on your bill are not affected the overall effect on your benefits is less than 2%.