Feed in Tariff review – Disaster!

Today Gregg Barker announced proposals to reduce the Feed in Tariff (FIT) payments for systems over 50kwp, by up to 70%!

Quite frankly, this has put the whole solar PV industry in turmoil!

Investor confidence has been rocked, and this could put many companies out of business!

All this from “the greenest Government ever” (a Conservative manifesto claim).

How can politicians expect our trust, when they continue to lie?

They will of course “spin you a yarn” –  one is about the “pot of money”, put aside! But, as everyone knows (except seemingly our Government?) the FIT payments are made by the Energy suppliers  (ultimately us!)…

For more information on this calamity – http://www.decc.gov.uk/en/content/cms/news/pn11_027/pn11_027.aspx

---