Minimum of 21 pence now guaranteed for installs up to 31/3/12

[The Launderer]

Announcement made on REAL site by DECC confirming that t 21p is guaranteed for fits up to 31st March.

Update On Feed In Tariff - News - REAL Assurance Scheme

At last some information we can use to start selling again.

 

[Eco Deal]

DO YOU THINK!!!!! this sounds like it will be lower after 31st !!!

does to me ????

 

[The Launderer]

Not really considering what will happen after the 31st. This at least lets us know what the minimum FIT rate is up to that date.

 

[Eco Deal]

TRUE thats the uncertainy gone in the short term so nows the time to install 21p with no grade C

 

[Eco Deal]

and possible rate of 43.3p which we find out on 13th

 

[dansk]

So 21p for 25yrs?

 

[The Launderer]

So 21p for 25yrs?

Can't see what other interpretation we can take from it.

 

[dansk]

cool - im happy with that, unless its 21p till the 31st then a new rate after that?

 

[JulianC]

Good-oh. All is relatively well until 31st March. Time to make hay while the sun shines. Hopefully.

 

[Earthstore]

I don't get this.
It was 43.3p up to the end of March, then 21p (proposed) for the remainder of the 25 years.
Now it's 21p up to the end of March and then what?
This shambles just gets worse day by day.....

 

[Eco Deal]

it means it will NOT go lower than 21p but may rise .

so a least we can tell customers its 21p but may rise

 

[Earthstore]

But what about the other 24yrs and 10 months?

 

[grandfortune]

its for 25 yrs, like it was for the 43p,its not the cut in fit thats the problem its how quickly the implemented it that was unfair.

 

[Eco Deal]

if a customer signs between now and 31st they will get 21p at the moment if the gov lose appeal i think they will get 43.3p

but i think it it goes to 43.3p from now to april I think the cuts in april will be below 21p.

so hopefully it may pan out a 21p all year which would be good.

and hopefully the c rating may be made easier

 

[Earthstore]

I have followed all of this daily, read information from many different sources.
The statement from REAL does not change a single thing.
It states the minimum will be 21p up until April (2 months)
There is no clarification that 21p is for the full 25 year term.
Until that statement it was 43.3p to April then reduced to 21p ( proposed ) for the remainder of the 25years.
So please take care if you are telling customers the FIT is 21p for the full 25 years, because this is not the case.