CHP leaders pleased with proposed rise in feed in tariffs

A proposed rise in the Feed-in Tariff (FIT) rate for microCHP has been broadly welcomed by industry representatives.

In a written ministerial statement by Edward Davey on reforming the Feed-in Tariff scheme, issued today (9 February 2012), the microCHP tariff rises from, currently, 10.5p a kilowatt hour to 12.5p. The industry asked for 15p a kilowatt hour.

Graham Meeks, Director of the CHPA said: "The Government has recognised that 10.5p a kilowatt hour is not enough to drive growth, so the proposal to increase to 12.5p is a welcome step in the right direction.

 With cost-control the reason for this review, an increase the tariff for microCHP is a real vote of confidence in the potential of this technology. This consultation is a platform from which to discuss with Government whether the proposed rate is enough to deliver the wholesale expansion we all want to see.”

For more policy and regulation news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...