Govt sets out future solar plans - 25/05/2012
The government has unveiled details of its plans for the future of the solar power market in the UK, which may encourage more people to seek cheap electricity by installing solar panels.
Regulations from the Department for Energy and Climate Change surrounding Feed-in Tariffs (FITs) will make the sector more predictable, giving greater certainty to homeowners and businesses, it was stated.
It will see the next drop in FIT payments - from 21p per kilowatt hour to 16p per kilowatt hour - delayed until August 1st, with further decreases on a quarterly basis, depending on the interest in the market.
Energy and climate change minister Greg Barker said the announcement will mark a "new and exciting chapter" for the technology.
He added: "The reforms we are introducing today provide a strong, sustainable foundation for growth for the solar sector."
The proposals were welcomed by Friends of the Earth, with executive director at the environmental charity Andy Atkins saying the certainty will help the industry recover following a difficult few months.
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