Govt FIT cuts 'unfair to consumers' - 02/02/2012
The decision by the government to cut the Feed-in Tariff (FIT) rate paid to people creating cheap electricity through solar sources was deeply unfair, it has been stated.
This is the view of Daniel Green, chief executive officer of HomeSun, which was one of the organisations that successfully challenged the plans in the courts.
He explained the move - which took effect in the middle of a consultation period on the future of the industry - gave companies working in the sector no time to adjust to the new environment and put jobs at risk.
"This very short and retrospective cut right in the middle of the consultation, we felt was outrageous and unfair for all the people who wanted to sign up to solar panels," Mr Green continued.
The expert added the proposed cuts, which reduce the FIT from 43.3p/kWh to 21p/kWh, are concerning because it makes solar power a less viable option for many people in what is currently the UK's most popular energy micro-generation industry.
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