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Last Chance Of Higher Solar FIT?

Posted by in Eco News Blog on Feb 26, 2012 . .

Just a few days left if you fancy chancing your luck to get hold of the higher 43.3p rate of feed in tariff for systems less than 4kW!

Despite two previous court rulings declaring its action to rush through changes to the solar feed-in tariff (FIT) were unlawful, the Department of Energy and Climate Change (DECC) has now asked the Supreme Court’s permission to appeal against that ruling.

DECC disagrees with the Court of Appeal’s decision on FITs and have lodged an application with the Supreme Court seeking that court’s permission to appeal.

We are all now waiting to see if the Supreme Court will grant permission.

If the government wins its case, the FIT rate for solar arrays of 4 kW or less installed after December 12, 2012 will receive only 21p/kWh instead of the previous rate of 43.3p/kWh.

If it loses, all solar installations completed before a new cut-off date of March 4 will receive the higher rate.

Many people within the solar industry believe the appeal should not have been pursued and designed simply to put off those looking to install solar pv  systems before the March cut off date.

One thing is sure and that is that DECCs request to appeal at Supreme Court creates yet more uncertainty.

The government claims that the radical cuts are needed to keep the FIT scheme within budget and are a fair reflection of the falling cost of solar panels .

We will wait and we will see! If you're one of those who has had a solar pv system installed since 12th December 2011 - good luck and keep those fingers crossed!!

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