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Gas and Electric

Government to scrap or revamp solar Feed-in-Tariff stats

The Government have all-but finalised plans on scrapping the current publication of weekly Feed-in-Tariff (FiT) figures, which are a key factor in deciding upon forthcoming changes to the subsidy.

The Department of Energy and Climate Change (DECC) currently publishes weekly data on solar FiT uptake, but the figures are drawn from different sources and can sometimes produce an inaccuracy of up to 40 per cent.

Inaccurate and delayed reporting of installation figures resulted in the last change to the FiT being delayed by a month. Fortunately this had little impact on the industry with solar maintaining its hold as a popular investment and key method in combatting the spiralling energy costs.

For information on how much you could earn and save, and to find out how much solar panels would cost for your property.