The current primary support mechanisms for renewable electricity are the REFIT (Renewable Energy Feed-in Tariff) schemes. The schemes were designed to provide certainty to renewable electricity generators by providing them with a minimum price for each unit of electricity exported to the grid over a 15 year period.
The current REFIT schemes are now closed as of 4pm on 31 December 2015.
The Department will no longer accept applications.
The policy context and requirements of the new wholesale market for electricity (I-SEM) continue to emerge. Regulatory certainty is needed as early as possible in that process, to enable promoters to continue to access funding and progress projects.
In parallel with the market developments, the Department is working on developing a new support scheme for renewable electricity to be available from 2017. A key component of this process will be stakeholder engagement. The scheme will be subject to the new rules on public support for projects in the field of energy, adopted by the European Commission in 2014, which seek to promote a gradual move to market-based support for renewable energy.
Documents in relation to this scheme will be placed on our website as they become available. The final scheme will be subject to the receipt of State Aid clearance from the EU Commission.
The Minister decided in December 2016 to extend a number of deadlines that apply under the existing terms and conditions of REFIT 2 support scheme and the REFIT Clarification Notice that was published in November 2015.
Important Clarification Notice regarding applications under the REFIT Schemes,
The Renewable Energy Feed in Tariff (REFIT) schemes/supports are funded by the Public Service Obligation (PSO) which is paid for by all electricity consumers. The REFIT schemes have been designed to incentivise the development of renewable electricity generation in order to ensure Ireland meets its goal of 40% of electricity coming from renewable sources by 2020.
More information on the REFIT Schemes Frequently Asked Questions (PDF 0.3MB)
Section 5.2 of the Terms and Conditions of the three REFIT schemes provide for adjustments to reference prices by way of annual indexation using the annual percentage change in the Consumer Price Index as quoted by the Central Statistics Office, which you can find on their website.
More information on reference prices (PDF 0.2MB) for 2015, in euro per megawatt hour.
More information on 2016 reference prices (PDF 0.2MB)
More information on 2017 Reference Prices for REFIT.pdf