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YouGen Blog
Future of feed-in tariff leaks out early
Posted by Cathy Debenham on 28 October 2011 at 9:57 am
The consultation on the review of the feed-in tariff for solar PV is due to be announced in parliament on Monday 31 October. However, the significant element for the domestic market has leaked out early: the new rate to be consulted on is 21p per kWh (compared to a current rate of 43.3p). This will come into force on 8 December 2011 (not 1 April 2012 as expected).
Commenting on the proposed changes, Solar Trade Association chairman Howard Johns said: "This would be a complete nightmare if it went ahead."
You can read the Energy Saving Trust factsheet about the proposals here (clicking the link will download a pdf).
If you have a question about anything in the above blog, please ask it in the comments section below.
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1 comments - read them below or add one
This clearly leaves insufficient time. The market is likely to go mad over the next few weeks and then die
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John WorbyComment left on: 31 October 2011 at 3:15 pm