Ceramic Fuel Cells Customers to Benefit from UK Governments Feed-in-Tariff Decision

Ceramic Fuel Cells Limited, a leading developer of high efficiency and low emission electricity generation units for homes and other buildings, today welcomed the United Kingdom Government’s decision to introduce a feed-in tariff from 1 April 2010 for small low-emission electricity generators, including small scale power and heating products.

The Government’s decision to introduce a feed-in tariff – a premium rate paid for electricity fed back into the electricity grid from designated renewable and low emission electricity generation sources – will greatly assist customers who buy Ceramic Fuel Cells’ gas-to-electricity units.

Under the feed-in tariff, energy retailers are required to pay homeowners 10 pence for every kilowatt hour of electricity generated by the product, plus an additional tariff of 5 pence for every kilowatt hour of electricity exported to the local power grid. The tariff lasts for ten years.

The tariff is available for micro power and heating products, like Ceramic Fuel Cells’ products, that generate 2 kilowatts of power or less. The tariff is available from 1 April 2010, for the first 30,000 micro power and heating products installed, with a Government review when 12,000 units have been installed.