Households in Malta which produce electricity through photovoltaic units will be paid €0.25 for every unit of electricity they feed into the power grid, the government announced today. Households in Gozo will be paid €0.28 in a measure taken as part of the eco-Gozo initiative.

The feed-in rate for power supplied by business establishments is €0.20.

In contrast, households pay Enemalta €0.16c1 for every unit they use up to the first 2,000 units, while businesses pay €0.16c2.

The governemnt said that the advantageous feed in tariffs were being introduced to encourage more people to opt for renewable energy sources.

It said that the new tariffs, combined with the assistance of up to half the cost of a domestic photovoltaic unitsmeant that costs could be recouped within eight years.

The tariffs are guaranteed for eight years for households and seven years for businesses.

Gozitan households can also benefit from a grant of €560 to install a solar water heater.

The feed-in tariff for households will apply for a maximum generating capacity of 3kW for households. Installations in businesses cannot be bigger than 100kW to qualify for the tariffs.

The amount of installations which can be accepted under the scheme for the first year is capped at 7.5MW.

People who have already installed photovoltaic units and are under the net metering system may opt to switch to the feed-in tariff.

The government said this was one of the initiatives being taken so that 10% of Malta's energy consumption would come from renewable sources.

Details will be published in the Government Gazette in the coming days. Further details are available from the Resources Authority on telephone 22955151 during office hours.

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