FITS Update - 19/01/2012

DECC announcement on the FITs scheme - 43p rate still a possibility.

See the latest news at;

http://www.decc.gov.uk/en/content/cms/news/fits_jan12upd/fits_jan12upd.aspx

http://www.guardian.co.uk/environment/2012/jan/19/solar-subsidy-cuts-government-compromise?newsfeed=true

Call us today on 01903 753500 for your free no obligation survey/quote to get your PV installed before March 3rd 2012 as you may still get the 43p rate.

UPDATE 23-01-2012

On Thursday the Government finally made a move to end the current uncertainty over the feed-in tariff for Solar PV and announced it would bring forward legislation to ensure the rate reductions they had reviously announced would come into effect on the 3rd March, irrespective of the outcome of the on-going court case.

This has removed a lot of uncertainty as there are now only two realistic scenarios to consider;

• If the Government looses the court case the previous rates (43p for < 4kW systems) will apply for installations completed prior to 3rd March.
• If the Government wins the court case the new rates (21p for < 4kW systems) will apply to all installations from the 12th December 2011 onwards.

The outcome of the court case is not expected for a few weeks and it is very clear that the Government is going to fight it all the way, so there is no certainty there will be a final result before 3rd March, when at least as far as new installations go, it becomes irrelevant anyway.