Feed in Tarriffs What are Feed-In Tariffs? Feed-In Tariffs (also
known as FITs) are the electricity part of what some people call
Clean Energy Cashback, a scheme that pays people for creating
their own "green electricity". The second part of the scheme is
the Renewable Heat Incentive, a similar measure for heat. The
tariffs have been introduced by the Government to help increase
the level of renewable energy in the UK towards our legally
binding target of 15% of total energy from renewables by 2020
(up from under 2% in 2009). How do the Feed-In Tariffs help? The
Tariffs give three financial benefits: •A payment for all the
electricity you produce, even if you use it yourself •Additional
bonus payments for electricity you export into the grid •A
reduction on your standard electricity bill, from using energy
you produce yourself Who are they for? Broadly speaking, the
FITs are for everyone, including households, landlords,
businesses and even organisations such as schools and care
homes. What renewable energy s