Platform for REDESIGN 2020

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Transition to renewable energy

Renewable Energy Feed in Tariff (REFIT)
The REFIT schemes (REFIT 1-3) 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 maximum 15-year period. REFIT schemes/supports are funded by the Public Service Obligation (PSO) which is paid for by all electricity consumers. The REFIT schemes were 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 the end of 2020.

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