News

"After much speculation, the Department of Energy and Climate Change (DECC) has announced that is proposing to Parliament that the Feed in tariff for domestic installations should be reduced from December 12th, subject to consultation.

 They propose that the generation tariff for PV Installations with a total installed capacity of 4kW or less will be reduced to 21p/kWh, which our modelling indicates at current prices should deliver around a 4.5% rate of return."

Quoted from 'ESE'

Therefore, there is still a substantial amount of gain from installing PV Panels even with the Feed in tariff price reduction.

To keep up to date with tariff rates see Department of Energy and Climate Change (DECC) website www.decc.gov.uk/

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