Feed-in tariffs credit your bill for generating excess solar energy
Solar panels will sometimes generate more energy than you use. You may qualify for a credit on your energy bill for contributing energy back into the power grid (i.e. feed-in tariff)
Your feed-in tariff rate depends on the State you live in and may be supplied by your state government, by your retailer or with contributions from both.
About Feed-in Tariffs
Feed-in Tariffs were introduced on 2014 by Egyptian government grants as the main financial incentive to encourage uptake of renewable electricity-generating technologies. Most domestic technologies qualify for the scheme, including solar electricity (PV) (roof mounted or stand alone)
The Ministry of Electricity announced makes the key decisions on FITs in terms of government policy. The energy regulator ERA administers the scheme.
SOLAMISR is registered qualifed contractor for FITs by NREA (New & Renewable Energy Authority), where the installer and the products we use both are certified under New & Renewable Energy Authority (NREA).
The energy tariff has been divided into five categories so that the price per kilowatt for households is EGP 0.84 up to 10KW, and up to 200 kilowatts of usage, the price rises to EGP 0.911.
The third category, between 200 to 500 kilowatts, will be charged EGP 0.973, while the fourth, ranging from 500 kilowatts to 20 megawatts, will be charged EGP 0.973 per kilowatt per hour. The last category, which stretches between 20-50MW, will be charged EGP 1.02 per kilowatt per hour.