A blog post

Feed-in tariffs will not be subject to spending cuts

Posted on the 20 October, 2010 at 4:31 pm Written by in Government

The Chancellor George Osborne today announced that Feed-in tariffs will not be subject to spending cuts, contrary to speculation leading up to the spending review. that the Government will continue with the planned programme review in 2013.

“Today’s announcement comes as a huge relief to the Renewable Energy Industry and more importantly our customers. It provides us with stable incentives which will allow us to grow and attract investment in a stable manner. This is a great success for all you lobbied to maintain the FIT levels” says David Houston, Managing Director of PV FIT Ltd who are a nationwide installer of photovoltaic systems for domestic and commercial customers.

Also today the Government committed to introducing Renewable Heat Incentives (RHI’s) for renewable heat technologies. We are waiting on further details to emerge from the spending review which we will publish shortly.

Contact us today for a Feed-in Tariff eligible pv quotation for your property…

Picture courtesy of the BBC