FIT changes 'damaging the UK's solar industry' - 09/11/2011
Controversial plans to cut the amount paid to householders who generate cheap electricity using solar panels could severely damage the green energy industry in the UK.
This is according to spokeswoman for Solar Panels 4U Claire Raven, who said firms are now under immense pressure to manufacture and fit panels before the cut-off point of December 12th.
Any installations registered after this date will receive the lower payment of 21p/kWh as opposed to the current 43.3p/kWh, which has led to a huge rush from people eager to take advantage of the higher rate while they can.
Ms Raven said: "[The government has] just put so much pressure on everybody that it has become a bit of a fiasco. It is such a shame because it is the one thing that was giving people a good return on their investment."
She added the solar industry has been left "on its knees" due to the proposals, which are likely to make investing in the technology less attractive once the deadline passes and individuals see less returns.
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