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Feed in Tariffs
Feed in Tariffs or FiTs are small credits that Ergon gives you in exchange for the excess electricity that your system produces and that you don’t use.
This predominantly happens during the day, if the sun is strong and there is very little load on the power consumption in your home.
These FiTs are shown on your Ergon bill as a credit on your quarterly account. In certain cases, Ergon will not allow you to export power OR they will allow you to export power, but will not credit you with the excess power that you send back.
As a general rule however, any doemstic system under 4999w or 4.99kW will be approved and will generate credits at a rate of 6.5cents per kilowatt.