Suppliers of commercial photovoltaic installations can finally properly conduct their business thanks to new feed-in tariffs issued by the government after a nine-month delay.
The feed-in tariff (the price paid by Enemalta to buy electricity from households) issued by the Energy Ministry replaced the tariff issued in August, which expired on September 30, 2013.
Without a feed-in tariff, with which companies considering investing in PV panels could calculate their return on investment, the suppliers could not conclude any deals as firms were reluctant to take a leap in the dark.
The new feed-in tariff is applicable until the end of April 2015, although the price will change from the beginning of November.
Between May 1 and October 31, those providing electricity to Enemalta will receive 16c5 per kilowatt-hour or 16c if the installation has a capacity greater than 40 kilowatts.
Between November 1 and April 30, 2015, the price per kilowatt-hour goes down to 15c5 and 15c.
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