Question 1

What is 'Feed-In Tariff Scheme'?

Accepted Answer

In order to encourage the private sector to develop renewable energy, 'Feed-in Tariff Scheme' allows citizens to sell their electricity which should be generated by renewable energy systems (such as solar photovoltaic systems) to power companies at a price in about five times higher than the normal electricity price. Once your system is successfully connected to the grid, you can get the feed-in tariff.

Question 2

How can I apply for the scheme?

Accepted Answer

While the requirements applicable to a particular renewable energy (RE) system would depend on individual circumstances, the following gives an overview of the key application procedures involved in setting up a RE system and applying for Feed-in Tariff (FiT) in general. Application for Grid Connection and FiT Requirements in relation to Electricity Safety Requirements in relation to Building Safety Requirements / advices in relation to Fire Safety Requirements in relation to Land and Planning Matters Requirements in relation to Business Registration

Question 3

​What are the FiT rates?

Accepted Answer

To enable RE system owners to recover the cost of the RE system as well as installation, operation and maintenance costs in around 10 years (depending on, inter alia, actual installation costs, size of the systems, actual output, etc.), the FiT rates to be adopted at the launch of the FiT Scheme are –
(a) $5 for ≤10kW;
(b) $4 for >10kW to ≤200kW; and
(c) $3 for >200kW to ≤1MW; The same FiT rate, as applied to the RE system upon joining the FiT scheme, will be adopted for the entire lifetime of a given project or until end 2033, whichever is earlier

Question 4

​How can I get the FiT payment?

Accepted Answer

The FiT payment will be reflected as a credit to your electricity account to offset your electricity charge on the electricity consumption and demand (if applicable) at the service address. If there is a credit balance of HK$150 or over after netting off the electricity charge by the FiT payment, you may choose to have the credit balance: 1. retained and carried forward in the your electricity account for offsetting electricity charge on the future electricity bill(s); 2. fully paid by cheque made payable to you; or 3. fully paid via bank transfer made payable to the bank account under your name and specified by you.

Energos Technologies Company Limited

綠動力工程科技有限公司