Home > Terms > English, UK (UE) > Feed-in tariffs (FIT)
Feed-in tariffs (FIT)
Tariff which obligates electric utilities to pay pre–established above-market rates for renewable power fed onto the grid, providing renewable generators with a set stream of income from their projects.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Renewable energy
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