Feed-in tariffs of solar PV energy for residential consumer in France Q2 2011-Q2 2022
Since 2017, a new FIT order started, after a slow decrease from 46 euro cents per kilowatt-hour in 2011. Since then, the solar energy price has been almost constant.
What are feed-in tariffs?
FIT, also called renewable energy payments or standard offer contracts, are a strategy to incentivize solar photovoltaic (PV) energy systems, or other renewable energy sources. With FIT, the government can intervene in the energy market by artificially creating investment advantages to support renewable energies. Usually, they consist of long-term agreements with renewable energy producers, allowing them to sell their energy at an above-market price. Since 2004, the number of countries adopting FIT for renewable energies more than doubled.French incentives and feed-in tariffs
FIT are not exclusive to small residential installations. Depending on the installed power of photovoltaic panels, other PV FIT will apply. The French government also grants self-consumption bonuses to households using PV installations for their energy production.
The total renewable energies investments in France in 2021 were around five times higher than the average of the previous years, touching 30 billion U.S. dollars.