Tag Archives: government

FITs saga continues.

The saga over the FIT scheme tariffs rumbles on. The planned reduction was brought forward by the Govt. but this was ruled illegal by the high court, and now the Govt. have lost their appeal. It seems the changes won’t happen any earlier than originally planned so DECC wasted taxes on legal costs.

The Government slash FIT payments. Will this stop the solar PV industry in its tracks? Certainly many believe it will have a major impact on jobs, though the funding is from the utility suppliers.

The Govt have said that they are slashing the current level of funding for FITs,
the scheme that has lead to a boom in PV installs. It was always expected that
the rates would fall from the current levels next April, but they are intending
to reduce it to about 21p from December, leading to job cuts.