PRLog (Press Release) – Feb 09, 2012 –
“Our new plans will see almost two and a half times more installations than originally projected by 2015… [and] a more predictable and transparent scheme as the costs of technologies fall, ensuring a long term, predictable rate of return that will closely track changes in prices and deployment,” said Climate Change Minister Greg Barker in a written statement.
However, last year, the government announced a reduction in the value of rates received by consumers converting to solar energy, from an original rate of 43.3p to 21p with effect from 1 April and the lower rates will remain.
The new proposals, which are open for consultation for the next eight weeks, will see solar installations with an eligibility date on or after March 3 receive a FIT of 21p. There were positive changes in a relaxation Energy Performance Certification to a ‘D’ rating or better and the revised scheme will set ‘multi-installation’ tariff rates of 80% of standard rates for individuals or organisations with over 25 installations.
There has been a mixed response to the announcements; however, at Solar Energy Savings Ltd, we fundamentally believe that solar installations remain a viable and cost effective solution to your energy needs whilst encouraging the government to work closely with the industry to ensure sustainable green solutions, growth and jobs.
We are pleased that the government is moving forward with clearer guidelines and a commitment to investment in the solar industry, and we would advise any potential customers to contact us directly to discuss the wide range of solutions that Solar Energy Savings Ltd provide to quality solar panels and solutions.
www.solarenergysavingsuk.org
For further information about today’s announcement:
www.decc.gov.uk/en/content/cms/meeting_energy/Renewable_ener/feedin_tariff/feedin_tariff.aspx
Source Article from http://www.prlog.org/11795166-uk-government-plans-for-feed-in-tariffs.html
