Published 14 October 2023
Basseterre
Buckie Got It, St Kitts Nevis News Source
ST KITTS AND NEVIS DEVELOPING FEED-IN POLICY TO ENCOURAGE USE OF RENEWABLE ENERGY SOURCES
Basseterre, St. Kitts, October 13, 2023 (SKNIS): The rollout of solar energy initiatives across St. Kitts and Nevis is expected to increase in 2024 as the government is close to establishing a feed-in tariff policy to make investment into solar energy worthwhile.
A feed-in tariff is the funds or credit owed to independent power producers that put energy via solar PV or other renewable energy sources into the national electric grid. On the October 04 edition of the television and radio programme InFocus, Timothy Antoine, Governor of the Eastern Caribbean Central Bank, said that the establishment of a feed-in tariff in St. Kitts and Nevis and other regional countries must be done “quickly” so that the independent power producers, which may include homeowners or companies, can calculate their returns.







