What are ROCs and Feed in Tariffs?
Renewable Obligation Certificates are soon to be phased out for small wind turbines but please look at the ofgem website for an explanation. Feed in Tariffs (Clean Energy Cash Back Scheme) Please also see our Feed in Tariff FAQs page. The UK government aims to source at least 30% of electricity from renewable sources by 2020. To help meet this target a feed-in-tariff (FIT) is being introduced on 1st April 2010 offering a price premium (or cash back) for electricity generated by small-scale renewable energy technologies. The FiT for wind turbines >1.5kW up to 15kW has been fixed at 26.7p/kWh generated for the first two years. This will reduce the pay-back period for such technologies significantly (e.g. pay-back for small wind turbines could be less than 4 years in some instances). Once you have paid for the initial cost of your wind turbine you will actually ‘make money’ from your investment for the remaining 20 years that you would be eligible for the FiT. The FiT will be paid for all
