Solar Panels How Successful Is FIT

The Feed In Tariff (FIT) scheme has moved people to install solar panels for their electrical needs. Homeowners, businesses, and groups are all eligible to receive the subsidies. With government subsidies, the individual is now given the opportunity to have a direct affect on carbon emissions.

Last year, in April, the government implemented the scheme promising savings in energy while providing stipends for energy produced. The idea was to help individual and small-scale entities an incentive to go green when it comes to renewable energy.

The first quarter of 2011, just over 11,000 people have had panels installed. Of this amount, most of the applicants were homeowners. The amount of sun-generated power has increased nearly 52 megawatts since the beginning of FIT (from 26 MW to almost 78 MW).

However, this increase is still only a small percentage of the country's energy generation. While doubling the amount it the in the year, it still only accounts for a tenth of one percent of the total generated. The UK generates seventy-five gigawatts of power from all sources.

The scheme has been very successful for the intended recipients. However, several solar farms have submitted for the tariff and many more are showing interest. After a review early in 2011, the plan was modified for larger scaled projects. The tariff amounts for projects generating over 50 kilowatts are affected.

The reduction in the tariffs paid to these larger projects has benefits and challenges. The benefit is that more individuals will be able to take advantage of the scheme. The challenges are for the businesses that planned and invested in sun farms based on the original tariff schedule.

Overall, the FIT scheme has shown that with government incentive people are interested in going green. The solar panels, once foreign in the country are now becoming a common sight. To understand FIT more thoroughly, spend some time searching the internet.