Micro-generation covers small scale generators where customers can generate their own electricity and export the surplus back to the grid. Microgeneration technologies include small scale wind turbines, hydro turbines and solar photovoltaic systems.
Electric Ireland have extended their micro-generation payment of (9 cent / kWh) by a further year to 31st December 2012. This will be the second successive year that the expiry date has been extended and it reinforces Electric Ireland’s commitment to its support of customers who install a domestic micro-generator.
ESB Networks continue to offer a support package up until 29th February 2012, comprising of a free installation of import / export meter and payment of a support payment of (10 cent / kWh) which applies to the first 3,000kWh exported annually. This payment will last for a period of 5 years and will end on the 5th anniversary of the contract start date.
The ESBN micro-generation payment (10 cent / kWh) and the free installation of import/export meters will not be extended beyond 29th February 2012.Import/export meters will now be charged at approx €350.00.
Budget 2012 and VAT refund for Farmers
The 2012 Budget included an extension of the existing VAT Refund Order for flat-rate farmers to include a refund on the purchase of wind turbines.
The existing VAT refund order, which provides for the refund of VAT paid by un-registered farmers on the construction of farm buildings, fencing, drainage and reclamation of farm land, has been amended to provide that such farmers may claim a refund on wind turbines supplied and installed after 1st January 2012.
REFIT – Renewable Energy Feed-In Tariff
REFIT stands for ‘Renewable Energy Feed in Tariff’ and is the primary means through which electricity from renewable sources is supported in Ireland.
The REFIT II scheme (onshore wind, small hydro and landfill gas) is open as and from 23rd March 2012 and the REFIT III (biomass technologies) scheme opened in February 2012. Both schemes are for projects built and operational between 1/1/10 and 31/12/15.
The REFIT II scheme is intended to cover small and large scale onshore wind, biomass landfill gas and small hydro (?5MW.) To be eligible for REFIT II, the various requirements that will be set out in the terms and conditions must be fulfilled including proof of planning permission and grid connection -plants must be new plants neither built nor under construction on 1/1/2010.