10 Jan '12, 9am

@DECCgovuk confirms it has raised #solar feed-in tariff cap by £200m by using money intended for ROCs

The government has quietly raised the feed-in tariff spending cap by nearly £200m in a bid to prevent the subsidy scheme exceeding its budget, after re-allocating funds previously earmarked for the Renewables Obligation (RO) incentive scheme. The Department of Energy and Climate Change (DECC) published a document last month following a parliamentary hearing into solar feed-in tariffs, which detailed changes to the Control Framework for DECC levy-funded spending that covers three energy policies where the Treasury has imposed spending caps intended to help avoid steep rises in energy bills. FURTHER READING RenewableUK slams Civitas wind power report as inaccurate and outdated Court of Appeal schedules Friday 13th as Judgment Day for solar battle The document reveals that DECC shifted £197m previously available for the RO scheme into the budget for feed-in tariffs, increasin...

Full article: http://www.businessgreen.com/bg/news/2136254/decc-quietly...

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