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New 16p solar FiT will go ahead from the 1st August

 
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Aurora



Joined: 24 Jan 2007
Posts: 8502

PostPosted: Thu May 24, 2012 1:26 pm    Post subject: New 16p solar FiT will go ahead from the 1st August Reply with quote

Quote:
Solar Power Portal - 24/05/12

After weeks of anticipation the Department of Energy and Climate Change (DECC) has today published the results of the latest solar feed-in tariff consultation. From August 1 the new rate for 4kW systems will be 16p/kWh, set in line with current installation figures.

With installed prices now more than 50 percent lower than in April 2010 when the FiT was first introduced, the latest tariffs are aimed at providing the same returns as originally set out.

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Aurora



Joined: 24 Jan 2007
Posts: 8502

PostPosted: Thu May 24, 2012 4:43 pm    Post subject: Reply with quote

Quote:
The Guardian - 24/05/12

Consumers who use solar panels to generate electricity will receive less money as government cuts feed-in tariff payments.

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Aurora



Joined: 24 Jan 2007
Posts: 8502

PostPosted: Thu May 24, 2012 6:44 pm    Post subject: Reply with quote

Quote:
The Guardian - 24/05/12

Q&A: Feed-in tariffs

Everything you need to know about the scheme that pays generators of small scale solar, wind and hydropower.

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BritDownUnder



Joined: 21 Sep 2011
Posts: 119
Location: Hunter Valley, NSW, Australia

PostPosted: Sat May 26, 2012 9:09 am    Post subject: Reply with quote

Better than I get in Australia. FIT is only 6 cents per kWh here. I also get a smart meter with different time-of-day tarifs for the power I actually buy ranging from 6 cents for the hot water to 8 cents at night, 16 cents daytime before 2 pm and all weekends and a whopping 41 cents for 2pm to 8pm weekdays.
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