DECC proposing to cut solar feed-in tariff rates by 87%

DECC proposing to cut solar feed-in tariff rates by 87%

The Department of Energy and Climate Change (DECC) is proposing to cut the feed-in tariff rates for solar PV installations by as much as 87%.

Publishing the outcome of the long-awaited feed-in tariff review, the government is proposing deep cuts to all bands from 1 January 2016.

Below are the proposed generation tariffs for 1 January 2016:

Download the official document below:

FIT_Review_Con_Doc(1)

Capacity

Feed-in tariff rate (p/kWh)

0-10kW               1.63

10-50kW            3.69

50-250kW          2.64

250-1000kW     2.28

>1MW                 1.03

Stand alone        1.03

Undoubtedly this will cause a huge demand for Solar PV before the 1^st January 2016. GMC will be fitting systems until then but we advise potential clients to get orders in ASAP.

GMC will provide up-dates on this as they are announced.