Media Releases & Notices
Public Consultation - Review of Feed-In Tariff Methodology
Summary
The RA is inviting the public and other interested parties to comment on proposed methodologies under consideration for calculating the Feed-in Tariff (“FiT”).
Information
The Regulatory Authority (“the RA”) is inviting the public and other interested parties to comment on proposed methodologies under consideration for calculating the Feed-in Tariff (“FiT”). The FiT is the pre-determined rate at which renewable energy is purchased by BELCO from residential or commercial distributed generators (“DGs”), for the excess electricity they generate and feed into the BELCO grid.
At the end of the consultation process, the RA will issue a revised version of the General Determination (“GD”), which sets the FiT methodology.
To read the proposed Feed-in Tariff Methodology document, go to www.ra.bm and click “Respond to an Open Consultation” on or before 11:59 p.m. on October 24, 2022.