ozblue, I understand that you have no financial interest in this company so I understand your ignorance.
The UK FiT pays for both generated power in addition to what is exported. It's the rather generous FiT that allow payback of the entire BlueGen unit within it's lifecycle. The long term investment (10 years) has a payback for the "3rd party".
In order to qualify for the FiT scheme, qualifying CHP generators must be connected to the grid via an import / export meter. FiTs are payable for each unit of electricity generated whether used on-site or exported to the grid. In addition to the generation tariff, any power exported to the grid is also eligible for the export tariff. The tariff rates are adjusted annually by the percentage increase or decrease in the Retail Price Index over the 12 month period ending on 31 December of the previous year.
CFU Price at posting:
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