What is Feed-in Tariff

Definitions of feed-in tariff on the Web:

  • A Feed-in Tariff (FiT, Feed-in Law, FiL, solar premium , Renewable Tariff(1.3MB) or renewable energy payments ) is an incentive structure to encourage the adoption and development of renewable energy through government legislation. Usually the regional or national electricity utilities are obligated to buy renewable electricity (electricity generated from renewable sources, such as solar thermal power, wind power, biomass, hydropower and geothermal power) at above-market rates set by the government.
    en.wikipedia.org/wiki/Feed-in_Tariff
  • a minimum amount that anyone exporting electricity to the grid will be paid for each unit exported.
    www.yougen.co.uk/jargon-buster/
  • Subsidy scheme where the owners of solar power systems receive a guaranteed, fixed price from the utilities for the electricity fed into the grid.
    www.nitolsolar.com/englossary/
  • A policy that sets a fixed guaranteed price at which power producers can sell renewable power into the electric power network. …
    www.cleancapitalwest.com/glossary.html

Definitions of net feed in tariff on the Web:

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