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Cheap energy feed-in tariff scheme 'off to a good start' - 06/09/2010

The Renewable Energy Association (REA) has revealed that the feed-in tariff scheme has got off to a good start in helping improve overall cheap energy efficiency.

Stuart Pocock, technical director at the organisation, said that although the scheme has not exactly experienced a boom, it is achieving a good growth rate.

"What we want to see happen is strong growth that can be supported by the emerging supply chain," he said.

"We don't want to see a boom-bust scenario as has happened in other markets."

Mr Pocock also pointed out that the REA is starting to see some good commercial sustainable cheap energy schemes come through and a growing number of equity investors are showing interest in photovoltaic power generation.

The feed-in tariff scheme was launched on April 1st this year to allow energy suppliers to make regular payments to homeowners and communities that generate their own electricity from renewable or low-carbon cheap energy sources such as solar power or wind turbines.

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