Feed-in Tariffs to but cut by 50%

Free solar panels have become big business in the UK with companies attracted by the large returns on investment. Using a pv solar calculator to review the new results is becoming more and more important as profits can be reduced by 50%

Abrupt changes to PV feed-in-tariff (FIT) policy have spurred the U.K.’s solar sector to take action in order to protect its livelihood. Our Solar Future, a U.K.-based industry organization, plans a mass lobby of Parliament on Nov. 22 in response to significant planned reductions to the country’s FIT levels.

“This is an opportunity for people across the industry – as well as from environmental groups and other supports – to meet their [members of Parliament] and protest about the savage cuts to support for solar,” the group wrote in a blog post. The protest is the latest of several public and industry objections voiced against U.K.

Climate Change and Energy Minister Greg Barker’s Oct. 31 announcement of major solar subsidy reductions that are scheduled to go into effect Dec. 12.

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