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Sunday, November 17, 2024

FiT degression caps – Micro Hydro Affiliation


The newest place on degression caps (i.e. whether or not and by how a lot they’ve been breached) is normally out there on the Ofgem web site right here however the web site is down on the time of writing.

The BHA have identified that there’s at present solely 24kW of the 1.1MW capability out there for this quarter within the sub-100kW FiT band for hydro.
 
If the utmost band capability of 1.1MW is reached earlier than the top of March, then a ten% contingent degression can be triggered which might decrease the FiT fee for any future new schemes. In case you try and pre-accredit a scheme which is bigger than the remaining capability you’ll each set off the degression and undergo the ten% discount on your scheme.
 
In case you wait till April when new capability is out there you’ll solely undergo a really small default degression.
 



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