You would be forgiven for being confused about what’s happening to Solar PV and the Feed-in Tariff. There has been a host of information lately that has made it difficult to keep track of the changes and what they mean to Solar PV customers. The main things to be aware of are 2 key deadlines.
April 1st 2012 – introduction of new restrictions on properties eligible for Solar PV.
Only properties with an Energy Performance Certificate (EPC) showing Level D or higher will be entitled to claim the highest rate Feed-in Tariff of 21p. Not all properties will be awarded Level D or above so if you want to guarantee you can benefit from the new Feed-in Tariff rate you will need to have your Solar PV installation complete by April 1st.
July 1st 2012 – expected further cuts to Feed-in Tariff, up to 30%
The high rate Feed-in Tariff of 21p is expected to be cut in July. The exact level of the reduction is still to be confirmed, but the Department of Energy & Climate Change (DECC) have stated it will be between 13.6p and 16.5p, which would equate to a 30% cut. The final level will be dependent on the amount of Feed-in Tariff take up between now and July.
EnergyMyWay are able to install Solar PV systems before 1st April, but we anticipate a rush on demand prior to both of these deadlines. Please contact your local EnergyMyWay to arrange a survey as soon as possible if you want to guarantee access to the higher rate.