The Open Dictionary

feed-in tariff

noun

UK/ˈfiː.dɪn ˌtær.ɪf/
US/ˈfiː.dɪn ˌter.ɪf/

Definitions of feed-in tariff noun

  1. Countableenvironment

    A government payment for renewable energy, such as solar or wind power, that is generated by individuals or organizations on their own properties.

    • Thanks to incentives like tax breaks and feed-in tariffs, wind energy is now a cost-competitive alternative to fossil fuel-based electricity.

    • The feed-in tariff scheme for solar energy has been implemented in numerous countries for quite a while.

    • To encourage the use of renewable energy, the government is exploring the expansion of feed-in tariff coverage.