(Taken from Energy Share)
FiTs to be reduced again in July
Just as the UK's solar industry is recovering from recent cuts to the Feed in Tariff they are due to be slashed again. In July tariffs for <4kW installtions will drop from the recently reduced rate of 21p to as low as 13.6p - a further 35% reduction. This new rate is being set according to levels of Solar PV deployment during March and April.
Any while even the most hardened environmentalists will concede that the initial tariff of 42p was unsustainable in the face of underestimated demand for solar, are these rushed and repeated cuts not killing off a flourishing industry? Or do you think that these are the only tactics to deal with what was developing into a serious problem?
