More Cuts to Feed-in Tariff for Renewable Energy?philevers
It has emerged recently that the Government is considering cutting the feed-in tariff for solar power developments to less than a thid of its current level. The feed-in tariff is an incentive to develop small scale, low-carbon energy generation by buying surplus electricity from people with solar panels or wind turbines. It pays a set amount per kilowatt hour and has proven very successful. One option being considered is a 10% cut in the tariff every six months. The Government had recently tried to cut the feed-in tariff from December 2011, but this was successfully challenged in the High Court, and subsequently held up at the Court of Appeal.