FIT Scheme definition

FIT Scheme means the Feed-In Tariff Scheme by which payments are made to MCS or ROO-FIT accredited Installations, it covers the installation of Solar photovoltaic (solar PV), Wind, Micro combined heat and power (CHP), Hydro and Anaerobic Digestion (AD) Installations;
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FIT Scheme means the annual scheme whereby a specific amount of electricity generated by eligible solar photovoltaic installations and exported to the distribution system are paid a feed- in tariff as established in terms of these regulations;
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FIT Scheme has the meaning given to that expression in the Supply Licence. “FIT Terms” means this Feed-in Tariff Statement of Terms.
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Examples of FIT Scheme in a sentence

  • We will not impose any obligations, additional or otherwise, on you that are more onerous than those that are necessary to enable Us to meet our obligations under the Utility Warehouse FIT Scheme.

  • FIT Scheme the feed-in tariff scheme introduced by the Energy ▇▇▇ ▇▇▇▇ and further described in our supply licence.

  • If We find out that You are not eligible to join or no longer qualify for the E.ON Next FIT Scheme then We will let You know in writing and confirm when the Agreement ended.

  • When We use the terms Us, We, Our, We’ll and We’re, in this document, this is a reference to E.ON Next who is the provider of the E.ON Next FIT Scheme.

  • FIT Scheme the feed-in tariff scheme introduced by the Energy Act 2008 and further described in our supply licence.

  • The information will only be used by ECS and third parties directly involved in the installation, registration, administration and maintenance of the Solar Power System under the UK FIT Scheme, including contractors employed by ECS and licensed entities such as the licensed suppliers or distributors of energy.

  • Ofgem applies the rules of the Feed in Tariff and We must administer the npower FIT Scheme in accordance with the rules and instructions of Ofgem.

  • The document that describes Your membership of the E.ON Next FIT Scheme which includes details about Your System, Your Generation Tariff, Your Export Tariff (as applicable), Your payment dates and how long You are entitled to receive those payments (as may be amended in accordance with these Statement of Terms).

  • The Buyer shall fulfil its obligations under the FIT Scheme (insofar as relevant to the Generator) efficiently and expeditiously.

  • When We use the terms Us, We, Our, We’ll and We’re, in this document, this is a reference to npower who is the provider of the npower FIT Scheme.


More Definitions of FIT Scheme

FIT Scheme means the scheme for Feed-in Tariffs detailed in the FIT Order and the Licence;
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FIT Scheme means the Government scheme introduced to incentivise small-scale, low carbon electricity generation by providing payments for householders, communities and businesses to allow them to become generators of electricity using eligible Generation Units;
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FIT Scheme. The Feed-in Tariff administered by Ofgem.
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Related to FIT Scheme

  • relevant scheme means a scheme of financial assistance provided under—

  • approved scheme means a share option scheme, other than a savings-related share option scheme, approved under Schedule 4.

  • Benefit Schedule means a schedule of benefits attached to these Terms and Benefits which sets out, among others, the benefit items and maximum benefits covered.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • approved blood scheme means a scheme established or approved by the Secretary of State, or trust established with funds provided by the Secretary of State, for the purpose of providing compensation in respect of a person having been infected from contaminated blood products;