27 Oct '11, 12pm

Feed-in tariff cuts threaten to 'kill interest in solar PV' with a quote from me

Anticipated cuts to feed-in tariffs of around 50 per cent will "kill interest in solar PV", restricting the market to small numbers of installations by green households and businesses, according to a senior executive at the UK's largest solar company. Speaking to BusinessGreen , Seb Berry, head of public affairs at Solarcentury, warned that if reports the government is planning to cut the level of feed-in tariff support for small-scale solar installations from 43p per kWh to around 20p per kWh prove accurate, the sector's recent growth will grind to a halt. FURTHER READING Report: Solar feed-in tariffs to be cut to “around 20p per kWh” RHI gets go-ahead, but support for large projects to be cut "This will kill interest in solar PV for social housing and free schemes," he said. "It reduces the rate of returns to under five per cent and no investor will go near that." Berry ...

Full article: http://www.businessgreen.com/bg/news/2120568/feed-tariff-...

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