This scheme has been introduced by the UK 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.
The Feed In Tariff gives you this:
The above tariffs are in place until at least 1 July 2014.
It is not yet clear whether the feed in tariff will degress by 3% in July 2014 or whether the government will listen to the lobbying groups calling for the rate to remain the same.
For more information please see the official Ofgem website at:
Alternatively for larger systems it is possible to claim funds under the Renewable Obligation Certificate or ROC scheme.