12 Dec '11, 1am

Solar incentives poised to drop from today - 12 Dec 2011 - News from BusinessGreen via @businessgreen

Subsidies for solar panels installed after today will fall by as much as 50 per cent from next April, assuming the government adopts proposals set out in the on-going consultation on its popular feed-in tariff scheme. The consultation on new rates for photovoltaic (PV) systems with capacity of 250kW or below does not conclude until 23 December. But the government's controversial package of reforms suggest the proposed cuts will come into force for installations completed 12 days prior to the closing date of the consultation exercise. FURTHER READING UK could face legal action from EU over solar subsidy fiasco Report: Small subsidy increase could save solar industry The proposals means the bulk of systems installed after today will receive the current 43p/kWh level of feed-in tariff payments until 1 April, before switching to the lower proposed level of 21p/kWh. Community o...

Full article: http://www.businessgreen.com/bg/news/2131519/solar-incent...

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