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MSE News: Solar subsidies to be slashed under government plans

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  • Equaliser123
    Equaliser123 Posts: 3,404 Forumite
    betheebee wrote: »
    Duly signed.

    Woohoo. The petition is up to 14 signatures now.:rotfl:
  • tomny
    tomny Posts: 7 Forumite
    The final date for getting all your paperwork in to your electricity supplier appears to be the 11 December (not the 12th as that's too late).

    However the 11 December is a Sunday. Does this mean that in effect the last date for getting your paperwork to your supplier after having panels fitted is Friday the 9th December?

    I'm having my panels fitted on the 5th so would have very little time to get stuff in.

    Why such a short cut-off? There must be quite a few folk in my position. We've already paid our deposits up-front and are after the 7 day cooling off period!

    If we have a period of bad weather then some people are not going to get their installations on time.

    Surely a better way would be pick a date from when you sign up for an installation? Is this change being badly managed? I can see total chaos in the next few weeks for installers and the industry.

    Oh well, life goes on.
  • tomny wrote: »
    The final date for getting all your paperwork in to your electricity supplier appears to be the 11 December (not the 12th as that's too late).

    However the 11 December is a Sunday. Does this mean that in effect the last date for getting your paperwork to your supplier after having panels fitted is Friday the 9th December?

    I'm having my panels fitted on the 5th so would have very little time to get stuff in.

    Why such a short cut-off? There must be quite a few folk in my position. We've already paid our deposits up-front and are after the 7 day cooling off period!

    If we have a period of bad weather then some people are not going to get their installations on time.

    Surely a better way would be pick a date from when you sign up for an installation? Is this change being badly managed? I can see total chaos in the next few weeks for installers and the industry.

    Oh well, life goes on.

    You should be ok, it is the date your power co receives FIT application that is used as the registration. Just triple check it all before you send it guaranteed delivery/email/fax etc ;)

    Ours is going on in two weeks. All the kit is sitting ready waiting to go on :)

    Can't wait as we are an all electric household with 99% of all energy used during daylight hours.

    Edited to ad our installer is installing panels right up to the deadline and does not expect registration issues...
  • Woohoo. The petition is up to 14 signatures now.:rotfl:
    Only 99,986 before the government can instruct their MPs to ignore it, then :)

    Seriously, though, there seems to be an unusually well informed standard of debate on this thread. People really seem to be getting to grips with FiTs.
  • Any installer got a cancellation ?

    My roof is 4.5 meter (absolute max) up the 30 degree slope
    &
    7.5 meters wide.

    The roof is shade free and faces South East.

    It is a detached bungalow, so no access problems from the lawn.

    The post code is "SS" [South Essex]

    If interested send me a PM :D
  • As of today, yes the government has announced the proposed cut on the tariff rate for retrofit would be cut from 43.3p to 21p, taking effect on the 12th December.

    What this means is that you would have untill this date to have an installation registered to benefit from the full 43.3p for 25 years. If you register after this date then you will be given 43.3p untill the review date on the 1st of April 2012 then drop down to the 21p from that period onwards.

    If you are currently registered with your installation then you will continue to recieve the full tariff you were awarded at that time for the 25 years without this cut having an effect on you.

    Yes from what the government has specified, this is going to have a huge effect on solar companys, alot of them already getting together redundency packages for thier staff.

    MY THOUGHTS. I believe that yes the cut would have an effect on the market place within solar pv but only to 3rd party direct sales companys. Surely with the cost which middle sales companys add on top of the cost they pay for another company to install it will not work as it wont be as appealing, the stand alone companys surely will continue operating. From the manufacturers of solar pv to the companys buying and installing them, there would have to be slashed prices. If the average cost of a pv system was halved along with the tariff then you could find you would still be getting a good return on investment.

    We will just have to see exactly what the outcome will be but nobody should worry untill the exact information from the government has been released.

    POSTED HERE BECUASE OF UNHAPPY VIEWERS COMMENTING ON HAVING MY OWN POST REGARDING MY THOUGHTS
  • After looking into this i have come to my own conclusion.

    What the goverment should have done is reduced the current 43p tariff and linked it to the cost of the solar pv overall cost. As the install cost reduces the tariff should reduce accordingly. From what I have read so far, companies are relying on a minimum 5% return so all that is needed is to keep the subsidy at that level.

    As it stands, the cut to 21p will only give a return of about 4% and will seriously dammage the industry. As with any new technology costs will fall over time. The average cost has fallen from 20k to around 12k as it currently stands and in a few years that would probibly half to around 6k provided demand increases and costs come down.

    The goverment has not really thought it through and is only looking at the short term benefits of cost cutting.

    just my 2p worth.
  • Cardew
    Cardew Posts: 29,061 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    The goverment has not really thought it through and is only looking at the short term benefits of cost cutting.

    just my 2p worth.

    They are not ‘cost cutting’ in the sense that they are cutting Government expenditure. It makes no financial difference to the Goverment.

    Don’t forget that it is electricity customers, that are paying that subsidy in the form of higher bills directly to those who install PV systems.

    So I suggest they have ‘thought it through’ and cut FIT to stop the ever increasing loading the subsidy would place on our bills
  • plumber2009
    plumber2009 Posts: 304 Forumite
    edited 1 November 2011 at 12:42AM
    The estimated cost saving by the cuts is £26 by 2020. This is not a lot of money and only equates to about £2, £2.50p increase per month.

    As time goes by and the cost of solar comes down, more people would actually benefit to the point where most homes and businesses in the country would have the benefits of solar. The only scheme I dont agree with is the "Rent A Roof" schemes.

    just found this, http://www.edie.net/news/news_story.asp?id=21186&title=Welsh+borough+aims+to+cut+emissions+by+50%25+with+PV+installation+
    So solar is being taken seriously and benefiting the local business economy.

    Here is an intresting read. Germany put UK to shame once again.
    http://optics.org/news/2/10/29
  • - Do we who are already connected to the grid, need PV panels more than rural families in undeveloped countries ?

    - Thanks god plenty of other posters here haven't been brainwashed and are pointing out that solar PV is madness. There seems to be an army of people pushing confusing numbers.
    - Simply : Does anyone's business plan on Dragon's Den rely on getting a govt subsidy ? Of course not, If anything is any good it doesn't need a subsidy.
    - If a subsidy comes to you then someone else is paying aren't they ?

    - UK Gov pays £9 per litre for it's Petrol - that would be an incredible headline. but that's an illustration of the maths for the 43p subsidy.

    - It's easy for !!!!! to come up with scam whereby you pay 13p /KWh for electricity from your neighbours house and feed it back into the grid to earn 21p.
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