4kwp-schott-195wp-black-framed-solar-pv-panels-doncaster-south-yorkshireLeeds Solar summarise the decisions DECC announced today resulting from the Feed In Tariff consultation started in October 2011.


Feed In Tariff rates for solar PV

FIT rates from 3rd March-30th June will definitely be those proposed in the consultation, as set out below.

 

Confirmed Feed In Tariff rates for all installations registered between

March 3rd - June 30th 2012 

FIT rates in p / kWh 4kW 4-10kW 10-50kW 50-150kW 150-250kW 250kW-5MW

Stand alone

EPC <·Band·D

 

3rd - 31st March


21 16.8 15.2 12.9 12.9 8.9 8.9 no change

 

April 1st - June 30th


21 16.8 15.2 12.9 12.9 8.9 8.9 9.0

 

 

Energy Efficiency Requirements

 

Multiple installation rate

 

Further proposed changes


Leeds Solar's response to these changes

Leeds Solar welcomes the clarity that comes from these announcements, and are broadly in agreement with the final outcome of this consultation.

We thank DECC for listening to the industries concerns relating to the EPC band C proposal, and hope the additional changes being consulted upon will provide some long term certainty and clarity for the industry even if they involve challenging reductions in the FIT rates payable.

We're confident that we can continue to install solar PV at increasing rates under the FIT rates now scheduled to be in place until July, and look forward to the challenge of ensuring the houses we install on meet the band D energy efficiency requirements.

We need to fully analyse the new proposals for further scheduled Feed In Tariff reductions and other changes, but our initial analysis indicates that we should be able to cope with them without too many problems.

As a company we have never been in this business to make a fast buck, we're in it for the long haul and have always understood the over riding purpose of FITs was to drive down solar PV prices through economies of scale, and have been working towards that aim from day one.

We hope the industry and DECC can now draw a line under the recent problems and work together to continue to both increase the rate of PV installations and bring costs down to the point where solar PV is cost competitive with fossil fuel and nuclear based generation without subsidy.