Renewable Energy Installer October 2015 | Page 6

News DECC under fire for drastic FiT cuts Pressure is mounting on the government to rethink plans to virtually eliminate the Feed-in Tariff for solar PV, amid fears of a catastrophic collapse in demand n eight week consultation will run until October 23, and if applied the changes will see the Feed-in Tariff rate slashed by 87 percent from January 01, and possibly scrapped completely if a budget cap for the scheme is reached. DECC has stressed the need for consultation due to the risk of ‘projected overspend’ and because it is required to review subsidy schemes every three years by the European Commission. Opposition has been widespread however with politicians, business leaders and the industry itself stressing that the cut from 12.9p/kWh to 1.63p/kWh is too large and too soon, when solar is close to gaining grid parity and becoming subsidy free. The government’s own impact assessment acknowledges that domestic demand for solar panels could fall by as much as 6GW of installed capacity, jeopardising 20,000 jobs and millions of pounds of investment in the sector. A petition on the UK parliament website had topped 22,000 signatures at the time of going to print, whilst a joint campaign from RenewableUK and the Solar Trade Association is calling on the general public to show support for solar via social media and by writing to their local MPs. A joint letter has been sent to energy secretary Amber Rudd calling on government to reconsider the scale of its proposals with a growing list of signatories including IKEA, the TUC and NFU. Leonie Greene, head of external affairs at the STA, said that cutting subsidy could end up costing the government more money than it saves, if deployment rates grind to a halt. “It’s hard to think of a greater waste of public money than building up a strong British solar industry, and then pushing it over a cliff before it is ready to fly.” Reza Shaybani, BPVA chairman, added: “This announcement is totally unacceptable and unnecessary. This is bad news for the UK solar industry but also very bad news for the A 6 | www.renewableenergyinstaller.co.uk Home alone: Cutting the Feed-in Tariff by almost 90 percent threatens to end Britain’s solar power boom, says BSRIA’s Julia Evans country as a whole. Cutting the FiT for rooftop solar which reduces energy bills for millions of homes and businesses is not defendable.” The FiT announcement has hit an industry already reeling from a succession of cuts to financial support made since May by the new Conservative government. In less than four months following May’s general election, decisions have been made to bar wind and solar from further ROCs support, abolish rules on zero carbon housing, close Green Deal and remove renewable electricity’s exemption from the Climate Change Levy. Naturally this have left many questioning the government’s commitment to the environmental agenda, and its ability to meet legally-binding carbon reduction targets. Julia Evans, chief executive of BSRIA, said: “Ministers slashing these subsidies for solar panels is yet another sign that the government’s enthusiasm for green energy is waning. If implemented, such a step would remove virtually all incentive for home owners to install the panels and could mean the end of Britain’s solar power boom.” Solarlec director, Ged Rowbottom, said: “It is particularly disappointing since the energy secretary vowed to ‘unleash a solar revolution’ when she was appointed just after the election in May, suggesting millions more homes should have solar panels on their roofs. Now her department is proposing to remove a key incentive to achieving that goal. “If this goes ahead it will certainly have a negative impact on the solar power industry, and on the move away from non-sustainable fossil fuel energy supplies.” Cutting the FiT for rooftop solar is not defendable