26.08.2015 Solar feed-in-tariff rates to be cut

solar subsidies cut, utility week

According to industry sources the Energy Secretary, Amber Rudd, is all set to slash the solar feed-in-tariff (FiT) rates received by small-scale and domestic solar installations by up to 50%. She's already cut subsidies for large scale commercial solar farms. Strange, since earlier this year she promised to unleash a solar revolution. For the record you know exactly where you are with a wood burning stove: They do not benefit from any government subsidies since they're already a tried, trusted and cost-effective renewable heat source. In addition they are unlikely to be quickly made redundant by new technology or a cut in government subsidy.

Source: Utility Week – to read the complete article please click here.