DECC Update on Solar PV Feed-in Tariffs

DECC announced today that they have laid some draft licence modifications before Parliament. The modifications make provision for the Feed-in Tariff for new solar PV installations to reduce from the 1^st April 2012 onwards on all installations fitted on or after 3^rd March 2012.

DECC continue to appeal against the High Court decision that regarding the reduction in Feed-in Tariff to 21p affecting installations fitted on or after 12^th December 2011.

What does this mean?

DECC wins their appeal.

Installations fitted on or after 12^th December 2011 will receive a tariff of 43p per kWh until 31^st March 2012. From the 1^st April 2012 onwards they will receive 21p per kWh.

DECC lose their appeal.

Installations fitted on or before 2^nd March 2012 will receive the 43p Feed-in Tariff rate for 25 years. Installations fitted on or after 3^rd March 2012 will receive a tariff of 43p per kWh until 31^st March 2012. From the 1^st April 2012 onwards they will receive 21p per kWh.

Click here to read the DECC statement.

From 1^st April 212 there will be another consultation period regarding the ongoing review of the FIT scheme.