01 Nov '11, 10am

Cameron's "Greenest government" cuts solar power feed-in tariff by 50%

Cameron's "Greenest government" cuts solar power feed-in tariff by 50%

The self-styled "greenest government ever" has cut feed-in-tariffs for solar power by half, doubling the length of time it will take homeowners to receive payback and risking thousands of jobs in a growing industry in manufacturing and installing solar panels. When David Cameron came to the Greenpeace office in 2007 he spoke about his commitment to solar power micro generation. He supported the feed-in-tariff stating, "In Germany, a feed-in tariff has led to far faster growth in the renewable energy sector and there is absolutely no reason why this can't be done here". Yesterday morning the Conservatives had a slightly different message. Climate Change Minister Greg Barker announced plans to cut the feed-in-tariff by half, from 43p per kilowatt-hour to 21p. This means that for an installation of £10,000 to pay for itself would take 18 years, rather than 10, significantly r...

Full article: http://www.greenpeace.org.uk/blog/climate/greenest-govern...

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