Renewable Energy: Feed-in Tariffs
The question
To ask the Secretary of State for Energy Security and Net Zero, what advice his Department has received on whether changes to the inflation indexation methodology of the Feed-in Tariff scheme would constitute a material change to the contractual terms agreed with scheme participants.
Answered by Michael Shanks
The Feed-In Tariff scheme does not involve individual contracts between generators and government. Accredited generators may have entered into contracts with their energy suppliers in relation to their FIT payments, but their entitlement to those payments arises from legislation and the standard conditions of the electricity supply licence. Any changes to the indexation methodology would follow the statutory process for changing those conditions.
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