MSE News: Government plans to slash solar panel earnings

stevec59

Yeah I didn't think about that.
Can you remind me what the current rate is, so that I can see how bad the outcome is if they don't take it down to 1p or however much it was they were discussing

Thanks

Steve

zeupater

stevec59 wrote: »

Yeah I didn't think about that.
Can you remind me what the current rate is, so that I can see how bad the outcome is if they don't take it down to 1p or however much it was they were discussing

Thanks

Steve

Hi

Can't remember the current rates but they're in the Consultation document and on the DECC/Ofgem site ....

HTH
Z

stevec59

Looks like 12.47p

https://www.ofgem.gov.uk/sites/default/files/docs/2015/07/fit_payment_rate_table_for_publication_1_october_2015_pv_tariffs.pdf

Steve

stevec59

Is there an outcome as yet? I was talking to someone and he heard that they were only dropping it 0.5p, that isn't so bad.

Steve

gazapc

stevec59 wrote: »

Is there an outcome as yet? I was talking to someone and he heard that they were only dropping it 0.5p, that isn't so bad.

Steve

The consultation closed at the end of October. So assuming there are a significant number of responses it will take a while to get through them all. DECC haven't given an exact time frame. Pure speculation but I'm guessing end of November at the earliest.

Fuzz_2

https://www.ofgem.gov.uk/sites/default/files/docs/2015/10/fit_payment_rate_table_for_publication_1_january_2016_pv_tariffs.pdf

If I'm reading it right it seems that the higher tariff has dropped from 12.47p to 12.03p (for up to 4kw systems) so good news then.

Fuzz_2

If the link above doesn't work for any reason try this page and click on the link to the file / table.

https://www.ofgem.gov.uk/publications-and-updates/feed-tariff-scheme-tariff-table-1-january-2016-pv-only