Sharing the Feed in Tariff in a fair and equitable way
The Government’s Feed in Tariff (FiT) introduced in April 2010 pays generators for the electricity produced from renewable technologies such as Photovoltaics (PV).
Community Energy Solutions, working in partnership with another social enterprise, Empower Community, will fully fund PV installations onto public sector buildings and social housing roofs and share FiT with the roof owner.
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The Big Picture Indicative Average Annual Financial Flows Based on 2kWp Array PROPERTY OWNER CES Supply, Install & Operate LOCAL COMMUNITY VEHICLE ENERGY COMPANIES PROJECT ASSETS TOTAL OPERATIONAL COSTS: £140 INVESTORS: £455 LICENCE PAYMENT TO ROOF OWNERS: £35 PROFIT SHARE TO LCV and PROPERTY OWNER: £70 £700 FEED IN TARIFF PAYMENT PROOF OF GENERATION PROJECT SPV EMPOWER COMMUNITY FUND