A solar panels manufacturer has revealed it is set to review its investment in the UK, which could be of interest to business energy customers looking to get cheap electricity through the technology.
Sharp announced it will consider pulling out of the UK market if the coalition government follows through with its plan to cut the feed-in tariff scheme, reports the Daily Telegraph.
Individuals wishing to install the panels to get cheap energy bills may be upset by the firm's revelation, while employees were already impacted when the company slashed the number of jobs at its plant in Wales.
Andrew Lee, European head of sales for Sharp Solar, stated there are no plans to close the factory at the present time but confirmed the company would "review its position in the UK after December 12th".
Earlier in the month, the plans by the coalition government to cut the amount of money paid to customers generating their own electricity through solar panels were criticised by spokeswoman for Solar Panels 4U Claire Raven, who said the move could damage the green energy sector in the UK.
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