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Renewable Energy Feed-in Tariff (REFIT) Scheme
From Department of the Environment, Climate and Communications
Published on
Last updated on
The Renewable Energy Feed-in Tariff (REFIT) schemes were designed to ensure Ireland meets its goal of 40% of electricity coming from renewable sources by 2020. They also provided 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 last REFIT schemes closed in December 2015. In 2020 REFIT was replaced by the Renewable Electricity Support Scheme (RESS).
Section 5.2 of the Terms and Conditions of the three REFIT schemes provide for adjustments to reference prices by way of annual indexation. This uses the annual percentage change in the Consumer Price Index as quoted by the Central Statistics Office, which you can find on their website. Information on reference prices for 2024 can be found below.
