Feed-in tariff reforms to handicap installation boom

Posted on 31 Oct 2011 by The Manufacturer

Climate Change Minister Greg Barker has announced reforms to feed-in tariffs for solar power installations after an installation surge put strains on government budget for the scheme.

The cost of an average domestic PV installation has fallen from around £13,000 to £9,000, since the start of the feed-in-tariff (FIT) scheme in April 2010. As the number of installations has risen government has been forced to issue proposals for reduced subsides for domestic solar electricity production in an attempt to keep the FITs…

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