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October 31, 2011

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Feed in tariff solar panels

The best time to buy a Solar PV system is now! Following all of the speculation, the Department of Energy and Climate Change (DECC) has launched a full consultation on changes to the solar PV Feed-in Tariff (FIT) scheme. This will affect the tariff by a huge 50%.

The DECC are proposing that the new tariff will apply to all installations from the 1st of April 2012.

However, this is the important part: anyone who has the system installed and certified between December 12th and the 1st of April will still enjoy the higher rate until the reduction is applied.

http://www.solardirectsavings.co.uk/free-electricity/

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