DECC CONFIRMS NEW FIT RATE

News Jan 19, 2012 No Comments

The Department of Energy and Climate Change (DECC) has published a ministerial statement confirming the new feed-in tariff rates for solar photovoltaics installations completed between December 12 and April 1, 2012. In a bid to provide certainty to the somewhat frustrated industry, Government has set out its ‘Plan B’ feed-in tariff proposal in the event that it loses its current court appeal.
Today, after calls from industry to bring some clarity to the situation, DECC is laying before Parliament some draft licence modifications which, subject to the Parliamentary process set out in the Energy Act 2008,  make provision for a the new rates to go through from April 1, 2012 with an eligibility date on or after 3 March. Therefore Retrofit and New Build tarrifs will be at 21p per unit.

We will of course update you as soon as we have any more information.

No Responses to “DECC CONFIRMS NEW FIT RATE”

Leave a Reply