Changes to FIT coming sooner that we thought!

[delleray]

yep
the consultation release page
Comprehensive Review Phase 1: Consultation on Feed-in Tariffs for solar PV - Department of Energy and Climate Change
the consultation doc itself (pdf) ..
http://www.decc.gov.uk/media/viewfi...its-scheme-consultation-doc.pdf&minwidth=truehttp://www.decc.gov.uk/assets/decc/...view-p1/3364-fits-scheme-consultation-doc.pdf

d.

 

[TedM]

Rent-a-roof schemes only get 80% of these rates, and anyone failing the EPC test from next April will only get 9p.

 

[pwboston]

We are just going through the accreditation stage now after paying all the money to get things up and running, so havent had a chance to get our investment back yet.

Buts its now official, on the government sites and also the energy trust has put it back up.

 

[trevor79]

in order to be eligible for existing tariffs a PV installation with a total installed capacity of up to 250kW must be
[FONT=Arial MT,Arial MT][FONT=Arial MT,Arial MT]commissioned[/FONT][/FONT][FONT=Arial MT,Arial MT][FONT=Arial MT,Arial MT][/FONT][/FONT]14 [FONT=Arial MT,Arial MT][FONT=Arial MT,Arial MT]and have its request for accreditation received [/FONT][/FONT][FONT=Arial MT,Arial MT][FONT=Arial MT,Arial MT][/FONT][/FONT]by a FIT Licensee
[FONT=Calibri,Calibri][FONT=Calibri,Calibri]14
[/FONT][/FONT][FONT=Calibri,Calibri][FONT=Calibri,Calibri]An installation is "commissioned" upon the completion of such procedures and tests as constitute, at the time they are undertaken, the usual industry standards and practices for commissioning that type of installation in order to demonstrate it is capable of operation. [/FONT][/FONT]

 

[PowerFlexEnergy]

As usual, Ted has picked up on the 2 most important points that everyone else has missed.

Those two points make it mostly unworkable

 

[Everyreasonto]

This is going to destroy thousands of jobs, mine being possibly one of them.

 

[langstroth2]

Those two points make it mostly unworkable

I dont understand. The EPC test I get, but why does an attempt to limit rent-a-roof companies from using up the FiT budget make it unworkable?

 

[solarfred]

Rent-a-roof schemes only get 80% of these rates, and anyone failing the EPC test from next April will only get 9p.

Did I see that also applies to landlord schemes where there is one owner of multiple meters?

 

[PowerFlexEnergy]

Anyone with more than one installation will only get 80% of the reduced FIT.

Landlords, housing associations, councils?, care homes, industrial estate owners, property developers, businesses with more than one building, anyone with two electricity supplies and two systems connected.

Numbers I have run show a 15 year payback at 6%.

Better than a bank but at least you can get your capital out of a bank (in theory) but you can't get it back off the roof.

 

[steveax3]

Seems to be all coming down to whether customers/investors see 4-5% return as acceptable for a non-returnable capital investment. Even if equipment and installer prices continue to reduce rapidly (which they probably will in the short term to try and maintain customer demand and get rid of surplus stock), which may temporarily push returns up to 6-8%, I can see DECC just reviewing the rates again to regulate the returns back to 4-5% at best.

 

[Earthstore]

How can the DECC put the FIT in consultaion, but midterm of this, introduce the new rules?

 

[Tiberius]

Well we know where the funding for this has gone, sure many of you seen the governments £1bn investment into economy projects announced on the same day as the FIT cuts.

Oh and two of those projects are power stations which are ready to go to start being built next year...

 

[GaryM]

Is this now a done deal, cut off date of December 12th or do they have to vote on the issue?

 

[Graeme Harrold]

I agree in principle that rent-a-roofs get hit, after all its their greed that has caused some of this. The larger companies are removing money from the UK at a great rate of knots due to forgein investors and TAX breaks. It all due to the Government geting it all wrong from the start leaving the system open to this abuse, so hopefully this will aim to keep UK customer money in UK pockets and help rebalance the FIT system. The next key point is fitting between Dec and Apr to beat the EPC requirement.

 

[Dale200bhp]

The EPC, do we do a survey ourselves then for free? More time wasted? as most will fail. Or do we have to get some one in, Im sure it will reduce the amount of potential clients.