Changes to FIT coming sooner that we thought!

[italspark]

Check this out - changes on 8th December are possible, 21p FIT - yikes!Fact Sheet on the proposed changes to Solar PV Feed-in-Tarrif rates / PDFs / Generate your own energy / Media - Energy Saving Trust

 

[seprim]

I can roll with the punches. . . . . but this is a knockout !

 

[MorganPVI]

I guess we all sign on at the job center on the 9th. Merry Christmas.

 

[Tiberius]

Thats a disgrace if that happens, cant see it as the industry would be destroyed in an instant. Dont understand the tosh about 3 months of 43p then the rest of it at 20p, didnt make sense really.

The other countries mentioned have cut their tariffs for large systems not house holds, hate how they refer to other countries but never tell the full story.

 

[smiffy_99_uk]

Cant be?? why ??

 

[GaryM]

It's looking very risky now for people wanting an install as it's saying if all paperwork isn't in place by the 8th December then the FIT will be 21p for that householder.
I wonder how many companies mention this to potential clients?

 

[vfr750]

I have ordered a pv system last week.they were saying 4-6 weeks to install.hope they are quick

 

[GaryM]

Well the 8th is 6 weeks today. Hope all your paperwork is in place before then otherwise you'll possibly get the new 21p FiT

Taken from fact sheet:

Example
Mr Smith has PV installed on his house on 1 December 2011. His application for FITs is received by his electricity supplier on 15 December 2011. This means that Mr Smith would be affected by the UK Government‟s proposals. He would be eligible for the current tariffs from 15 December 2011 – the eligibility date - until 31 March 2012. From 1 April 2012 he would receive the lower tariff for the remainder of the 25 years FIT support.

 

[Tiberius]

Exactly, there isnt enough time for the market to adapt and thats what i find strange. Also how can they set a date when the final consultation hasnt finished, more smoke?

 

[Noshocks]

We have three booked in for december, only one has given a deposit and may be able to bring this one forward, the rest are dead in the water, good while it lasted, PV UK RIP

 

[GaryM]

How long does it normally take for the FiT certificate to be received and processed By the energy supplier after the install has been completed?

 

[alarm man]

if an industry cant make a profit without subsidies then it aint a business,we had nationalised industry's where it was for the good of all the people but pv doesnt fall into that category to me.also if this has happend this quick whats going to happen in 10-20 yrs time..its going to be worthless bits of glass on a roof

 

[JulianC]

This is all still mere speculation. I am waiting until there's an official announcement before I strap myself up with explosives and book a one way ticket to Westminster.

 

[Tiberius]

if an industry cant make a profit without subsidies then it aint a business,we had nationalised industry's where it was for the good of all the people but pv doesnt fall into that category to me.also if this has happend this quick whats going to happen in 10-20 yrs time..its going to be worthless bits of glass on a roof

The market needs investment to get self substaining and cost effective. Suspose other alternative is to increase your taxes to pay for the £500m wind and tidal projects then again there not profit making either without the government paying for them.

 

[alarm man]

The market needs investment to get self substaining and cost effective. Suspose other alternative is to increase your taxes to pay for the £500m wind and tidal projects then again there not profit making either without the government paying for them.

we had it,it was called the coal industry

 

[docka]

we had it,it was called the coal industry

Look what happens when the tories get in power. Cuts followed by social breakdown.

 

[SPARTYKUS]

Meanwhile some of us carry on chiselling engineering brick by hand to earn three bob sixpence for a half a guiness twice a month )

 

[Princesolar]

RIP......Wonder if they will give a refund on the money spent on setting up and advertising.

 

[Richard-gosolar]

If it sounds too good to be true....... Tents? St. Paul's anyone?

 

[solarfred]

This is all still mere speculation. I am waiting until there's an official announcement before I strap myself up with explosives and book a one way ticket to Westminster.

Check the Energy Savings Trust website - even I am thinking this may well be true. Installation deadline 8th December. Mad panic so let's hope it does not snow.