14 Oct '11, 11am

Solar sector "twitchy" as feed-in tariff rumours fly. Could DECC scale back FiTs right down to 9p/kW across the board?

The solar sector may face crippling cuts to feed-in tariff incentives as part of the government's forthcoming reviews of the subsidy scheme, if industry rumours are to be believed. While the Department of Energy and Climate Change (DECC) is maintaining that nothing has been decided, a number of industry sources are fearful that support for domestic solar installations may fall by 30 to 50 per cent. FURTHER READING Renewables decision offers acid test of coalition’s green commitment Chris Huhne: UK's nuclear policy is most expensive postwar failure Some experts are even suggesting tariffs for all solar installations will be cut from current levels of between 15p and 43.3p per kilowatt to just 9p per kilowatt (kW). "Rates at that level would kill off the industry," a well placed industry source told BusinessGreen on condition of anonymity. "DECC are denying it entirely but w...

Full article: http://www.businessgreen.com/bg/news/2117289/exclusive-so...

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