Showing posts with label feed-in tariffs. Show all posts
Showing posts with label feed-in tariffs. Show all posts

Monday, 31 October 2011

A brief summary of the FiT changes published 31st October 2011 by DECC

Feed in tariff reduced by up to 50% for all new solar PV installations with an eligibility date on or after 12 December 2011 (sliding scale applies, you can find it here).

From April 2012, energy efficiency measures will have to be taken before a property becomes eligible for FiT payments.

New multi-installation tariff of 80% will apply to aggregated solar PV schemes.

Those already receiving FiTs will not see a reduction in their payments.

Wednesday, 4 August 2010

Proof that Feed-In Tariffs make solar viable

I was alerted by the excellent Money Saving Expert to an offer whereby companies are offering to install solar PV panels for free in return for collecting the Feed In Tariff payments on behalf of the property owner - who still gets to benefit from the resulting energy savings. If companies are prepared to make this kind of offer, they must be pretty sure that they can recover their investment within a reasonable period, AND make a profit. Therefore, it looks like solar PV has finally become a financially viable option for UK homeowners.

I don't know enough about either of these companies to recommend them, but you can find out more from Isis Solar or A Shade Greener. There's a useful summary of the Feed in Tariffs on the Ofgem website, and you should only use a supplier certified by the Microgeneration Certification Scheme.

Unlike the previous green energy grants scheme, the Feed-In Tariffs provide a guaranteed index-linked income for 25 years, as long as they remain the owner of the property. Companies and individuals that install microgeneration systems receive payment for all electricity generated, even that which they use themselves, although energy exported to the national grid earns a much higher rate. Full details of all energy saving grants available can be found at the Energy Saving Trust.

Friday, 30 January 2009

Greg Barker MP at The Carbon Trust

Speaking in a debate at the Carbon Trust's stakeholders meeting, Greg Barker MP gave a spirited call to arms for the low carbon industry. He posited that with falling energy prices and a lack of finance, we need a radical rethink, as tinkering will never meet the targets.


Obama's administration is performing a policy U turn that will impact the UK. The USA will drive a new business agenda based on cleantech and if we don't respond in a radical and ambitious way we will be stuck in recession. We need greater partnership between the private and public sectors. The government needs to remove the risk and provide seedcorn to create a new paradigm in energy; an "electricity internet". The aim is to remove the burdens that prevent innovation, invest in incubators that will leverage intellectual property and shift taxation to favour low-carbon innovation. The movement will be led by entrepreneurs but the government must enable it.


It's essential not to focus on carbon alone, because a collapse in oil prices will mean we cannot achieve a realistic carbon price. In fact, we need a sophisticated range of instruments offering a choice of levers. The Conservatives are recommending feed-in tariffs, £6.5k to improve the energy efficiency of every single house and a low carbon heat tariff.


In Greg Barker's view, energy efficiency will become an indicator of global competitiveness in the same way as productivity was during the 70s. And cleantech could be the catalyst that will re-energise economies and build nations.

Thursday, 29 January 2009

Tesco and the low carbon economy

Hot on the heels of the opening of Tesco's first low-carbon store, its director of government affiairs David North took part in a lively debate at The Carbon Trust's stakeholders' meeting. Tesco last week opened the first store built from its new low-carbon blueprint, which uses energy-efficiency measures to operate with 70% less carbon emissions than traditional stores built only a couple of years ago.


David North argued that there is little incentive for business to focus on low carbon technology when energy prices are falling and there are no tax incentives for making green investments. Customers say that their values don't change in a recession but their ability to exercise them does. They need financial incentives advice and encouragement. For example, when Tesco offered 4 energy efficient lightbulbs for £1, they sold 2.36m.

In order to meet the 2020 target of 15% of energy from renewables, community generation will need to be developed. This requires feed-in tariffs and an overhaul of the planning laws. Tesco is keen to incorporate renewable energy generation into its new stores, and to become a net contributor to the national grid, but the current planning legislation is a barrier.