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BBC Dragons back solar despite FITs cuts

Posted by Cathy Debenham on 10 January 2012 at 7:56 pm

"In our lifetime, a switch towards renewable energy is not an option – it has to happen," says BBC star of Dragons Den, Deborah Meaden. Quoted in the Yorkshire and Humber Microgeneration Partnership newsletter MANY (click to download a pdf), she continued: "Consumers need help to make the right choices as there are many conflicting messages being issued to the public. A review of the FiT is the right thing to do, although the scope, timing and conflicting messages have not been helpful.

"Although the government’s proposals to reduce the FiT from 43p/kWh to 21p/kWh are drastic, we believe that even if this new tariff is introduced solar is still an attractive option to homeowners. As energy bills continue to rise consumers will be looking for ways of lowering their energy costs and going green. With the 21p/kWh FiT solar photovoltaic (PV) panel homeowners will get a sensible return on their investment, as well as seeing lower electricity bills and helping the environment.

"Theo [Paphides] and I are both 100% committed to the growth and stability of Ploughcroft, which is leading by example within the solar industry. The government’s proposals haven’t scared us off and should not discourage the British public from investing in solar and other renewable energies.

"Our job is to make sure people still understand there is a good reason to commit to renewable energy, both financially and ethically. Once the government’s final decision on the new FiT has been made the solid, for-ward thinking renewable industry can continue to grow."

Photo: Ploughcroft

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Comments

2 comments - read them below or add one

Ploughcroft Solar

Ploughcroft SolarComment left on: 11 January 2012 at 2:04 pm

Hi Charles,

 

Thank you for your comments.

 

I understand your cynicism; however, I can assure you we are committed to renewables here and not just solar. Although the announcement came months after appearing on the show, the finalising of the contract took a little longer. Ploughcroft still believe solar is a great investment and will continue to highlight the benefits whenever asked.

 

If you have any further questions feel free to call Ploughcroft on 01484 72 33 44 at our Huddersfield head office and feel free to speak to us about the investment, solar or any other questions you may have.

 

I hope I have answered any question or cynicism you may have had.

 

Thanks again, and I hope you enjoy the benefits and good feel factor of installation a renewable technology in or on your property

 

Ploughcroft

 

 

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CharlesR879

CharlesR879Comment left on: 11 January 2012 at 9:32 am

It's interesting that this is still backed by investors despite a 50% cut in the FiTs. There are of course other renewable energy systems that dragons could go with. Does anyone think this is the case of already being invested in solar and reinvesting as a point of driving this home or am I being too cynical?

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