Feed-In Tariffs (FIT)

Feed-in tariffs are a collection of policies that encourage people to invest in renewable energy, including solar. They greatly accelerate the pace at which clean solar electricity becomes priced at or below fossil fuels like coal or oil, a point known as “grid parity”.

Dozens of countries around the world, including most in Europe and Australia, have enacted feed-in tariffs. Several states in the US have as well, including California, Florida, Hawaii, Maine, Vermont, and Washington. Feed-in tariffs guarantee that anyone who generates electricity from a renewable energy source is able to sell that electricity into the grid at prices at or above its cost.

For more detail on how feed-in tariffs work, click here.