The UK government has lost its appeal against the ruling that cuts to solar subsidies and the Feed-in-Tariff rates were illegal. The announcement was made today following a hearing 10 days ago. All three judges presiding over the case threw out the governments challenge to the ruling from December that the cuts were unlawful.
The decision is a blow to the Department of Energy and Climate Change, forcing them to introduce the 21p rate for Solar PV on March 3rd , rather than the original date of 12th December.
The Renewable Energy Association (REA) has called on the government not to attempt to appeal and to draw a line under the issue.
The Government’s action and the subsequent court case had together thrown the solar industry into a state of extreme uncertainty, which was most regrettable.
We now want to put this behind us as swiftly as possible, and work with Government and supporters to secure a larger budget for small scale renewable energy generation.
- REA chief executive Gaynor Hartnell
The decision is great news for the consumer. There truly has never been a better time to invest in Solar PV and renewable energies. Installation by the 3rd March 2012 will ensure the Feed-in-Tariff rates will remain at 43p guaranteed for 25 years for all installations completed by the 3rd March, rather than the original date of December 12th.
So book your appointment with BSOLAR today to ensure you don't miss out on this opportunity to maximize your Feed-in-Tariff rates and your investment, before the 3rd March deadline.
Installation of solar PV panels on your home or business provides a rate of return on your investment of at least 8% per year. This figure is guaranteed for a period of 25 years, and is available to all commercial and domestic building owners.
If you have been considering a Solar PV installation, then now is the time to take the plunge, as from April this year the Government intends to restrict new installations to homes that are very energy efficient. This new legislation will preclude installations on houses that are over 100 years old and make it very expensive for installation on houses over 25 years.
By getting your Solar PV installation in place before the 31st April 2012, this ensures that the feed-in-tariff rate you will receive will be no lower than 21p per kWh. For full up to date information on the feed-in-tariff, including how it works and who is eligible to claim the benefits of Solar PV energy and the feed-in-tariff, please see our feed-in-tariff page. With the imminent changes due to the feed-in-tariff rates keep an eye on this page, as we will be updating as and when further announcements are made.
Wise investors are having their solar panels installed now before this restriction comes into force at the end of March 2012.
Contact us today to beat the rush and get your Solar PV system installed by BSOLAR - the ethical renewable energy supplier.