EnergyMyWay’s comment on the proposed Feed-in-tariff rate as from April 2012
The proposed rate for the Feed-in Tariff from the 1st April 2012 for a 4kWp system is 21p / kWh still enables customers to receive an attractive rate of return. We approve of the proposed rate cut and DECC have stated that the rate will not be lower than 21p / kWh for any installations carried out between December 12th 2011 and 1st April and they are proposing to keep the 21p rate after 1st April.
The way the Government have handled the review of the Feed-in Tariff has been extremely disappointing and has led to a great deal of uncertainty but the statement from Chris Huhne at least gives certainty that customers will receive a minimum of 21p / kWh which means Solar PV is still a good investment.
For more information please read the ‘Written Ministerial Statement on Solar PV Feed-in Tariffs‘