Feed-in tariffs of solar PV energy for residential consumer in France Q2 2011-Q4 2023
Because of a new FIT order started in 2017, residential solar PV tariffs were below 16 euro cents per kilowatt-hour between 2017 and June 2022, when FITs started to increase.
What are feed-in tariffs?
FITs, 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 FITs, the government can intervene in the energy market by artificially creating investment advantages to support renewable energy generation. Usually, they consist of long-term agreements with renewable energy producers, allowing them to sell their energy at an above-market price.French incentives and feed-in tariffs
FITs are not exclusive to small residential installations. Depending on the installed power of photovoltaic panels, other PV FITs 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 2022 were around seven times higher than the average amount until 2019, reaching almost 30 billion U.S. dollars.