October 2011

Solar feed-in-tariff cut

The UK government has announced a 50% cut in the subsidy for the Feed-in-Tarriff scheme where UK householders receive a premium price for any excess electricity generated from their solar panels. The scheme has been very popular, encouraging many householders with savings to invest in solar power for considerably better returns than a high interest savings account (41p a kWH, around 4 times the normal electricity price). Even those without