31 Oct '11, 1am

DECC to announce crucial solar incentive review

Climate Minister Greg Barker will today announce proposed cuts to the incentives available to small-scale solar photovoltaic (PV) installations, with the industry warning that anticipated cuts to feed-in tariffs of around 50 per cent will have a devastating impact on the sector. Following weeks of speculation, the Department of Energy and Climate Change (DECC) will today launch a full consultation on changes to the solar PV feed in tariffs designed to ensure the popular scheme does not exceed £867m spending cap. FURTHER READING Solar industry to march on Downing Street to save solar incentives Solar shambles leaves industry in the dark It is also expected to outline plans for a regression regime that will see tariffs fall over time in line with reductions in the cost of solar technologies. The department has refused to confirm the scale or the timing for the prospective cu...

Full article: http://www.businessgreen.com/bg/news/2120983/decc-announc...

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decc.gov.uk 31 Oct '11, 11am

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