Before Christmas the High Court ruled that the Government’s plans to cut the Feed-in Tariffs was legally flawed causing speculation that the rate of 43.3p may remain for a little while longer, however on January 4th DECC appealed the ruling. This means prospective customers can’t be certain if they will receive a Feed -in Tariff of 21p or 43.3p / kWh.
For those who install whilst the appeal is waiting to be heard may benefit from being receiving the higher tariff for the 25 year duration of the scheme. If the 21p rate comes in retrospectively from the 12th December 2011 we are still offering our clients Solar PV installation with good payback periods and attractive rates of return.
On the FITs appeal, A DECC spokesperson said:
?We have lodged grounds of appeal with the Court of Appeal. We hope that permission will be granted for an appeal and that we can secure a hearing as soon as possible so that we can provide clarity for consumers and industry on the way forward following the consultation.
?The High Court?s decision was based on the view that the proposed approach to implementing new tariffs for solar PV is inconsistent with the FIT scheme?s statutory purpose of encouraging small-scale low-carbon electricity generation.”
For further information contact your local EnergyMyWay branch.