Posts Tagged ‘Feed In Tariff Reveiw’

Further Impediment on the Future of the Feed in Tariff

Wednesday, January 25th, 2012

Following the Department for Energy and Climate Change (DECC) unsuccessful appeal against the High Court’s ruling on UK Feed in Tariffs, solar advocates predict that the Government is likely to pursue every legal avenue available to avoid another solar feeding frenzy.

Court officials announced on Wednesday 24th Jan that DECC were denied their hearing after previously ruling that their handling of the Feed in Tariff consultation was unlawful.

This recent development indicates that any customers who have solar PV systems (of 4kW or below) installed between 12th Dec 2011 – 3rd March 2012, will have access to the original Feed in Tariff subsidy at 43.3p per Kilowatt for the full 25 year period.

However, this declaration still brings a degree of uncertainty. If the Government chooses to appeal to the Supreme Court, clarification on the process will yet again be delayed resulting in tentative consumers.

Although solar campaigners seem to have won their battle against the Government in the first instance, solar customers and installers are still waiting for any concrete evidence of Feed in Tariff stability. Cynic’s predict that the Government will try everything they can to delay the process into late February to prevent another solar installation rush.

There is still no information on what rate the Feed in Tariff will reside at for customers who get systems installed after April 2012. There is a possibility that the rate could drop again following the end result of this legal battle.

Could Friday 13th make or break the solar industry?

Wednesday, January 11th, 2012

Solar PV campaigners will find out on Friday 13th Jan whether the rates of the renewable energy cash back incentive ‘the feed in tariff’ (FIT) will be changed after the high court announced that the Government’s handling of the case was unlawful.

The proposed changes in the FIT have startled the industry, especially as the planned reduction was set in place two weeks prior to the completion of a consultation on the matter. A number of solar installers including environmentalists ‘Friends of the Earth’ complained to the Government and requested a fair and comprehensive review of the programme.

The solar industry has seen tremendous growth following the launch of the FITs scheme and thousands of householders have invested in renewable energy, signing up for 25 years of tax free income. The Government reported that if demand continues at the current rate, the FIT scheme will be unsustainable and the funding will run out sooner than anticipated.

Solar campaigners are worried that any changes in Government subsidy will have an adverse affect on solar jobs and could bankrupt a number of start up businesses. Many organisation offering free solar panel installations rely on the FITs as their primary source of income.

Solar companies from up and down the UK are now waiting with baited breath to see if Friday the 13th lives up to its fateful reputation.