Photovoltaic panels not covered by grant will be given 15.5 cents feed-in-tariff
Photovoltaic panel systems which are not covered by any grant will now be given a feed-in-tariff of 15.5 cents guaranteed for 20 years.
In a statement, the Energy Ministry explained that systems which are larger than 1kWp but smaller than 40kWp, and others which are larger than 40kWp but less than 1MWp will be given a feed-in tariff of 15c5 for every kiloWatthour and 15 cents for every kiloWatt hour respectively. Applications for the feed-in tariffs can be submitted to the Regulator for Energy Services immediately.
Apart from this feed-in tariff, the scheme of rebates on photovoltaic panels, which was announced last June, and which will cover 50% of the eligible expenses up to a maximum of €757 for every kWp which is generated, or a maximum of €2300 for every system which will be installed, will be benefitting from a feed-in tariff of €16c5 for every kiloWatthour, guaranteed for six years.
The Energy Ministry said that these incentives would lead to more positive results in the renewable energy sector while reducing the carbon footprint, thus protecting our environment.
More information can be obtained from the Regulator for Energy & Water Services at Millenia, 2nd Floor, Triq Aldo Moro, il-Marsa or by phoning 22955000.