Saturday, 7 January 2012

DECC issues assurances for PV customers

While all the media attention has been focussed on the Judicial Review and the Government's ongoing appeal against the outcome, people (both installers and customers), have been in a quandry as to what the situation is for current installations taking place during this appeal period.

DECC have issued a notice on the REAL website HERE

The main body of this text reads:
  • If the Government wins on appeal, we are where we were before legal action began, ie the Government will consider all responses to its consultation proposals, including the proposal that a domestic system (up to 4 kWh) can expect to earn 21p from 1st April 2012.
  • If the Government does not win on appeal, then the 43p tariff remains in place for all registered installations until the Parliamentary process has concluded (expected to be 1st April 2012, possibly earlier).
This is indeed reassuring news, firstly that DECC obviously want the scheme to continue, and secondly that it shows anyone who is confident the Government will not win the appeal, that there is no better time than now to get a PV installation. At worst, you will still be getting 21p which on an optimum roof will provide a 9% return, and there is a possibility of a short period of reversion to 43p a unit.

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