What is the Feed in Tariff?
How are you rewarded?
This is the energy you produce and consume on site (rather than buying it in from the grid). The amount you will save will be dependent on how much you consume.
As the owner of the system, any excess electricity that is not consumed on site will automatically be exported back to the national grid. For systems that are under 30kWp size, this is deemed to be 50%. Larger systems (over 30KWp) are monitored using an export meter.
As the owner you will be paid for every unit (kw) of electricity your system generates, no matter whether you consume it or export it back to the national grid.