Breaking news -FIT's ending soon than expected?

Brian99_2

LATEST news. PUBLIC BACKLASH.... Cuts phased in ??


http://www.telegraph.co.uk/news/8883989/Cuts-to-solar-panel-scheme-could-be-phased-in-after-public-backlash.html

rogerblack

I can see an argument for people who have ordered panels with large deposits, or paid outright - before the announcement of the change - to be paid at the old rate.

I see no argument at all for people ordering on the back of the announced change and hoping they squeak in under the wire to get a break.
I've responded to the consultation paper pointing out that according to the governments own intent, the new FiT is too generous.
They specify they intend a return rate of 4.5% on well-sited installations.
In sunny Scotland, I comfortably exceed that, even at (pre-announcement) prices of 11k/4kW, and FiT as of after Dec.
After Dec, with new install prices dropping to under 9K, the return goes up to around double the target return.

Brian99_2

PROTEST RALLY IN LONDON ON TUESDAY

http://www.clickgreen.org.uk/events/events/122818-mass-rally-against-solar-feed-in-tariff-cuts-to-target-parliament.html

rogerblack

Brian99 wrote: »

PROTEST RALLY IN LONDON ON TUESDAY

http://www.clickgreen.org.uk/events/events/122818-mass-rally-against-solar-feed-in-tariff-cuts-to-target-parliament.html

Wish I was able to attend. (with '21p is too much!' sign.)

Cardew

Brian99 wrote: »

PROTEST RALLY IN LONDON ON TUESDAY

http://www.clickgreen.org.uk/events/events/122818-mass-rally-against-solar-feed-in-tariff-cuts-to-target-parliament.html

What an unholy alliance!

The Green Party, in bed with venture capitalists running Rent a Roof companies, to ensure contributions to their coffers from the poorest in our society. ‘Robin Hood in Reverse’ – robbing the poor to pay the rich.

Brian99_2

Boris Johnson supports solar industry

http://www.ft.com/cms/s/0/13e928ba-11db-11e1-a114-00144feabdc0.html

grahamc2003

Brian99 wrote: »

Boris Johnson supports solar industry

http://www.ft.com/cms/s/0/13e928ba-11db-11e1-a114-00144feabdc0.html

So what? So does Chris Huhne and Sting I bet.

But most people - those who pay for it - now see the rediculous nature and expensive ineffectiveness of it in the UK. Even 'the most green government ever' sees that the country can't afford the extremely high subsidies these currently attract.

The 'green jobs' argument will soon be laid bare for all to see. With some in the industry unfortunately losing their job, the subsidies will just carry on and on for 25 years (under current plans). Even if all the subsidy for new systems were stopped and all solar jobs were redundant, the subsidy would carry on, with that cash being unaviable for subsidising viable industries which could 'kick start' genuine productive viable employment in goods and services which are demanded by the market.

Brian99_2

Difficult to believe the FiT payments will go on untaxed for 25 years.

Tax laws are always changing, we get warnings all the time on financial stuff.

Govt will suddenly realise it looks like an income, and treat it as such.

SallyKing

grahamc2003 wrote: »

Even 'the most green government ever' sees that the country can't afford the extremely high subsidies these currently attract.

So it turns out that nuclear costs us £260 vs £2 for solar. Nuclear generates a mere 16% of our electric, solar a miniscule amount.

I'm starting to think that only viable option for the UK is shale gas.

zeupater

SallyKing wrote: »

So it turns out that nuclear costs us £260 vs £2 for solar. Nuclear generates a mere 16% of our electric, solar a miniscule amount.

I'm starting to think that only viable option for the UK is shale gas.

Hi

I agree .... you'll probably find that will be the way things will go in order to buy time ....

Unless there's a very quick take-up of CCS by the operators of the coal stations, which there currently seems to be a certain degree of reluctance to do without massive public subsidy, the run down of the coal stations is almost inevitable .....

One of the real possibilities of bringing shale gas stations on line would be a strategy to introduce more generating competition into the market, this could easily be done through linking permissions to existing holdings ....

I think that a number of current generating capacity operators have essentially done themselves some self-harm by overestimating the cost of CCS in order to milk-the-taxpayer, effectively it looks like cleaning up each station would be far more costly than laying down new plant ... if that's the case the organisations will need to explain things very carefully to their shareholders ....

Z