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Solar PV - FIT to be ConDem'd?

Gorgeous_George
Gorgeous_George Posts: 7,964 Forumite
Part of the Furniture Combo Breaker
edited 17 October 2010 at 9:23PM in Energy
Which? is reporting that the green ConDems are likely to assign the (41.3p) feed in tariffs to the bin (not sure which bin - I have so many).

Be careful if you are about to sign up.

Link

GG
There are 10 types of people in this world. Those who understand binary and those that don't.

Comments

  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    The Government announced there would be no retrospective payment of FIT, for those who fitted solar PV before July last year, a few weeks ago.

    If the FIT of 41.3p is cut, I doubt if it will apply to existing installations - although it was in other countries in Europe.

    However personally I think it will be excellent news if they do reduce this silly subsidy(that we all pay for) that is being abused by all these commercial firms that have discovered a loophole in the regulations.
  • penrhyn
    penrhyn Posts: 15,215 Forumite
    Part of the Furniture Combo Breaker
    This is good news, I don't see why my energy costs should be subsidising middle class ecobling.
    That gum you like is coming back in style.
  • aelitaman
    aelitaman Posts: 522 Forumite
    The reason I heard they were going to do this is because the commercial companies setting up saying they will install on your roof for free as long as they get the feed in tariffs. The logic is that if commercial companies can do this then the FIT is set too high.
  • There was a reply that mentioned eco-bling but it has disappeared. Such an excellent term - I'd never heard of it.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    There was a reply that mentioned eco-bling but it has disappeared. Such an excellent term - I'd never heard of it.

    GG

    Still there - see post# 3
  • Cardew
    Cardew Posts: 29,048 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    From the BBC
    The scheme was only launched in April, with cross party support, but the government has now confirmed it will be subject to the Spending Review, with a view on its impact on bills.
    With projects already underway, this has sparked fury in the industry.
    "If they touch the feed-in tariff, you can forget about private sector funding for renewables," says Ray Noble from the Renewable Energy Association.
  • Farway
    Farway Posts: 13,997 Forumite
    Part of the Furniture 10,000 Posts Homepage Hero Name Dropper
    Probably heard same interview on R4, seems some farmers are ditching cows and going for FIT solar panels, pays more, with far less troubles of mucking out, feeding, milking etc so they said
    Eight out of ten owners who expressed a preference said their cats preferred other peoples gardens
  • They cannot ConDem the Common Agricultural Policy - which is no longer common and is about subsidising land owners not agricultural production these days - as Brussels administers the CAP gravy train on behalf of the "winners" (Ireland, France etc.)
This discussion has been closed.
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