Feed in Tariff Subsidies Cost £1.8 Billion Last Year

From NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

I missed OFGEM’s publication of the annual Feed in Tariff costs back in December:

https://www.ofgem.gov.uk/feed-tariffs-fit/contacts-guidance-and-resources/publications-library-feed-tariff-fit-scheme

FITs are one of the items not included by the OBR in its table of Environmental Levies, even though they used to be until a few years ago and plainly meet the same definition applied to other renewable subsidies – costs imposed by government on energy bills.

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May 7, 2026 2:19 am

We had solar panels installed in 2011 with a 30 year FIT fixed contract. Over the past 15 years new FIT contracts have become significantly less lucrative than ours. Truth be told had it not been for the FIT we wouldn’t have had the panels installed.

Reply to  JohnC
May 7, 2026 2:28 am

Yes but the prices you paid for the equipment have dropped significantly. Using 2nd hand equipment discarded by upgraders and my own labour counting as free I have built a system with a 5 year payback and nil export payments, as I have no MCS cert. But if those morons had not sent the electricity prices so high in the first place plus the increased risk of brownouts then I would not have bothered.

Reply to  kommando828
May 7, 2026 2:34 am

I totally agree with you.

strativarius
May 7, 2026 4:09 am

Ed Miliband says…

You ain’t seen nothin’ yet.