FiTs changes cut-off date

[moggy1968]

no need to excuse it, the number of 'likes' for my post suggest it was fair.
This is an ill thought out, poorly executed panic measure, and a disaster for the industry and consumers. anyone suggesting it's a market correction is deluded. The timing and level of cut is beyond belief and any kind of logical thought I can find. It was always the governments idea to have an 8-10% return on investment to encourage people into renewable energy, not 4% as is now proposed. corrections were expected to reflect reduced costs of materials. but the FiT has been reduced by over 50% while prices have only dropped by 30%.A cut to 30p would have been more like it, implemented with reasonable notice.

suggesting it's a free market is a nonsense. we need, for the good of the environment, our economy, our health, our natural resources, our futures and our childrens futures to encourage renewable energy, and that means investment from government (although actually they don't pay for FiTS)
There isn't more demand than installers right now. I wrote a letter to Professional electrician some time ago stating how they and the likes of the NICEIC were saturating the market with installers sold on the idea of an easy buck with no information at all about the downsides and pitfalls. there are already too many installers in the market place to be sustainable.
see my other post re HIPS, yes I did feel for them.

 

[snoopyspark]

+1 moggy piggy needs to engage brain b4 posting, we expected a cut, and i agree with getting rid of the free pv rent a roof to housing assoc's etc but 43.3 to 21 is too deep a cut too soon, a 20% cut this year then 10% a year from then on would have done the job, this just kills it!

 

[piggyitm]

On the idiot slur, the mere fact that a belief is widely-held is not necessarily a guarantee that the belief is correct.Anyway
Who's panicking and why?Apart from those falsely lured by Dragons Den.
I'm suggesting trade should be allowed to to perform as a free market especially after the boost to get it PV kick started ended up in a saturated market and a waiting list inflating the price of materials.
The claim that we need FiT to help encourage renewable's for environmental reasons, until proven, is a false dilemma used to create sales. Consumers will try and save the planet all day long if you pay them 40p to do it.
Did you get any reply form Professional Electrician?At least there was a minimum entry requirement so it was only diversifying sparks drifting over.

 

[SolarCity]

How dare you come on here barking about free markets and market correction while the rest of us gaze down the barrell of Greg Barker's hip gun.

Yes, the market needs propping up. The main, and pretty obvious, reason for this is that green energy costs more than dirty energy. Therefore, the uptake on green energy was far too slow - a situation that only a complete idiot would allow to continue. So the government introduced an incentive to kick start the industry. Like many have pointed out, over the last few months this has clearly been too generous and it needed adjusting. However, the arguments that most of us are making is that this has effectively ripped out the spine of the entire industry - and I personally think that it is going to take a serious amount of time for it to recover.

Meanwhile, it makes our green targets even harder to hit and the potential fines will be far greater than the comparitive pittance that is spent 'propping' up this exciting industry. It will also, even with an optimistic outlook, result in massive job losses. It is likely that the knock to the confidence to both consumer and installer will mean that any chance that the UK had of competing with the rest of the world when it comes to clean energy will be wiped out. That is where your longing for a free market will get you.

And this is "good news"? You, sir, are an immense peckerhead.

 

[malcoa]

I think someone regrets not jumping on the "band wagon".
I jumped on it as the wheels fell off lol

 

[solarsavings]

On the idiot slur, the mere fact that a belief is widely-held is not necessarily a guarantee that the belief is correct.Anyway
Who's panicking and why?Apart from those falsely lured by Dragons Den.
I'm suggesting trade should be allowed to to perform as a free market especially after the boost to get it PV kick started ended up in a saturated market and a waiting list inflating the price of materials.
The claim that we need FiT to help encourage renewable's for environmental reasons, until proven, is a false dilemma used to create sales. Consumers will try and save the planet all day long if you pay them 40p to do it.
Did you get any reply form Professional Electrician?At least there was a minimum entry requirement so it was only diversifying sparks drifting over.

That has to be the most ill-informed post I have ever read on any forum, and that takes some beating.

 

[piggyitm]

That has to be the most ill-informed post I have ever read on any forum, and that takes some beating.

Ok,I don't read the Guardian so re educate me,I'm all ears.

 

[SolarCity]

Ok,I don't read the Guardian so re educate me,I'm all ears.

"Who's panicking and why?Apart from those falsely lured by Dragons Den."

Panic? Those that are seeing their business plans and possibly their businesses themselves destroyed in a matter of a few weeks? And what is this 'falsely lured' nonsense?

"I'm suggesting trade should be allowed to to perform as a free market especially after the boost to get it PV kick started ended up in a saturated market and a waiting list inflating the price of materials."

Nonsense. The price of materials has plumetted due to overstock. The simple fact is that the PV market cannot work without a subsidy. Does this mean we should just give up on it and burn more fossil fuels? Is that your plan?

"The claim that we need FiT to help encourage renewable's for environmental reasons, until proven, is a false dilemma used to create sales."

False claim?! PV isn't new.... the FIT is. Check out the stats for installs in the last 10 years and then tell me you need more proof.

Like SS said, a spectacularly ill-informed post. Greg Barker would be impressed.

 

[FatblokeSolar]

Hi All

This decision has really put the boot in to a lot of people.

We knew the FIT would be reviewed and probably reduced - an over 50% reduction is severe but thats the chance you take.

The real problem is the government moving the goalposts with the cut off date from the end on March next year to December this year - that was very sneaky and underhanded. All they had to do was announce the cut but keep the date the same to give the industry time to adapt.

The decision, apart from causing meltdown in the industry with everybody wanting everything done at once, will cause businesses to fail and people who have purchased systems or paid a deposit for systems but don't have them installed yet will lose a lot of money that they had planned on getting. Many people will now feel that they have just thrown away their savings and / or money they have borrowed to get their system.

I have spoken to my MSP, Angus MacDonald and he has taken an interest in this injustice and I am sure he will add some weight to the argument if he can.

Cheers

Dave

 

[FatblokeSolar]

Hi All

Just had another thought.

What if someone already has a small system fitted and are on the c urrent FIT and they want to add panels to the system to increase its capacity?

What happens with the FIT they are already on? Do they get the increased capacity at the same FIT, is their FIT reduced for the whole capacity or is there a split rate?

Cheers

Dave

 

[TedM]

Any extension gets paid at the rate current at the time it is installed. Meter readings would get pro-rated across the different tariffs.

 

[Guest123]

Solar PV is getting good coverage on Prime Ministers questions.

Lots of different MP's are bringing it up. The letters & e-mails are obviously getting through.

 

[pirhead]

I nearly fell off my chair when I was told the decision for the FITs-I could not believe it for what its worth one of the lads was saying that the govrmt was getting its collar felt by the energy companies for the loss of income, and being major fund contributors has nothing to do with it though!!! I feel thunder in my heart to coin a phrase!!!

 

[Guest123]

I would just like to remind everyone that personal insults towards another member are not permitted under forum rules.

Keep it civil

Thank you.

 

[FatblokeSolar]

Hi All

Got info back from my MSP, Angus MacDonald. He has raised the issue with the Cabinet Secretary, John Swinney so now the Scottish Government are also looking into it. They will hopefully be able to add a bit of weight to the argument.

Regards

Dave