Householders have six weeks to take advantage of current “Feed in” tariff payments

28 October 2011

Householders have just six weeks to take advantage of the current Government payments for solar-generated electricity, a leading renewable energy company has warned.

On Monday, (October 31) the Government is to announce that as of December 8, 2011 – instead of April 1, 2012 – its feed in tariff paid for generating electricity from solar panels will be slashed from 43.3p per unit to just 21p per unit.

The move – to bring it forward by four months – has been criticised by Spencer Cassidy, the managing director of Harrogate-based Clean Energy (Yorkshire).

Mr Cassidy, whose business employs just under 30 people, said:

I can’t understand the Government’s reasoning for bringing the date forward. It’s going to throw the whole industry into panic.

Householders have just six weeks to install a solar energy system if they want to take advantage of the current payments.

We are predicting an avalanche of orders between now and December 8. After that it will be a totally different story.

Mr Cassidy said he could also see a number of companies that just installed solar panels going out of business by the end of the year, as a direct result of the Government’s decision.

He added:

We are relatively well placed to ride this out as we install a number of other renewable energy solutions.

These include wind turbines, anaerobic digesters, ground source and air source heat pumps and pellet-fuelled boilers. Some of these technologies have actually seen their tariffs increased.


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