The Department of Energy and Climate Change (DECC) is proposing to cut the feed-in tariff rates for solar PV installations by as much as 87%.
Publishing the outcome of the long-awaited feed-in tariff review, the government is proposing deep cuts to all bands from 1 January 2016.
Below are the proposed generation tariffs for 1 January 2016:
Capacity | Feed-in tariff rate (p/kWh) |
0-10kW | 1.63 |
10-50kW | 3.69 |
50-250kW | 2.64 |
250-1000kW | 2.28 |
>1MW | 1.03 |
Stand alone | 1.03 |
Source: www.solarpowerportal.co.uk