DECC announces tariff structure changes for installations after 1st August 2012

Changes include a reduction in the duration of the FiT scheme (from 25 years to 20), a reduction in the tariff paid (from 21p per unit to 16p*), an increase in the export tariff (from 3.2p per unit to 4.5p) and a quarterly review of tariff rates.

* For a typical 4 kWp system