Solar PV Low Carbon Building Programme Grant Closed

albyota

Solar PV ....Low Carbon Building Programme Grant Now Closed as of 5pm today...... NO £2,500 grant available anymore..... what a shower of......:wall:

Cardew

To be fair the grant has been something of a loophole since the FIT scheme was announced; it was never the intent that you got both the £2,500 grant and the high rate FITs.

Those who got the grant before the new scheme was announced will only get the FIT of 9p/kWh instead of the 41.3p/kWh for those in future who will not get the grant.

It was a window left open for a few months where both grant and high rate FITs were available, and that has now correctly been closed.

albyota

Cardew, I know you don't agree with this and think its unfair, however, it is quite clear that the energy companies are going to be at crisis point in the not too distant future, due to lack of investment in the national grid and power stations, this was supposed to 'kick start' the renewable/clean electricity industry, which in turn would eventually lessen the burden on an already weakening power supply, some of the existing power stations will soon come to the end of their useful life, and we don't see any evidence of new power plants being built, nuclear or carbon capture. maybe the fat cats should be giving up some of their 'wonga' to subsidise those who are prepared to contribute......

Cardew

albyota,

What do I feel unfair?

The £2,500 grant was given under the old system to 'kick start' solar installations. There was a fixed kitty of money to dole out.

The high rate of FIT is to do the same under the new system.

It was never intended that both forms of subsidy would be given, merely that they had some grant money left over in the pot and they decided to give it out after they date(July 09) when new installations would become eligble for the FITs in April 2010.

daytona600_2

£2500 grants - EST loans - FITs
all three at the one time could not last forever
my sister got £14,000 in total last week on a big domestic system 7KWp


but new FITs of 41.3pence more than make up for the loss of grants
best long term investment anywhere pv

4kwp £ 46,000 tax free over 25 years - index linked
9.9kwp £ 102,000
99.9kwp £ 900,000
big systems to 5000KWp max tarriff of 29.3pence are mind boggling
one big system in germany - 17million euros a year tax free


try getting that from a bank or pension
grants where usually swallowed up by greedy MCS contractors anyway


__

Cardew wrote: »

albyota,

What do I feel unfair?

The £2,500 grant was given under the old system to 'kick start' solar installations. There was a fixed kitty of money to dole out.

The high rate of FIT is to do the same under the new system.

It was never intended that both forms of subsidy would be given, merely that they had some grant money left over in the pot and they decided to give it out after they date(July 09) when new installations would become eligble for the FITs in April 2010.

Graham1

daytona600 wrote: »

4kwp £ 46,000 tax free over 25 years - index linked
__

That sounds optimistic to me - unless you live in a very sunny location, I would think around £1,300 a year more likely for a 4Kwp system.

It will be interesting to see if prices come down now that the grants have gone. I would imagine that new demand will fall off as even with the FIT price as the pay-back period without a grant goes up from 11/12 years to around 15 years at present installation prices.