Solar industry 'on the verge of an exciting era' - 10/01/2012
A growing number of people may be looking to seek out cheap electricity options that use renewable energy, as the solar industry is set for an exciting year.
This is according to climate change minister Greg Barker, who said in an article for the Guardian that despite a "challenging" few weeks for the sector, it still offers a great deal of potential for the UK.
Last month, subsidies for power generated using the green source were slashed from 43p/kWh to 21p/kWh, a move that was declared unlawful by the High Court, though the government is appealing this decision.
Mr Barker said while a return to the higher rate would be "catastrophic for the budget", the coalition still believes in solar power and will seek to encourage deployment, albeit at reduced costs.
He said the popularity of the technology is obvious, as "it is reliable, intuitive, easy to install and is a great solution for people worried about rising electricity bills or wanting to do their bit to fight climate change".
However, he stressed it needs to be carefully managed and subsidies must not be allowed to go unchecked.
Switching to a green energy tariff can slash your CO2 footprint by two tonnes and also save you £100s a year! Click here to compare green energy tariffs.
Share this story with your friends:-
Save up to £300 on your gas & electricity bills at energyhelpline.com
Compare prices from all energy suppliers to find your best deal