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UK solar panel subsidies slashed

Posted: 19 Mar 2011, 06:42
by Aurora
BBC News - 18/03/11

The UK government has proposed cuts of up to 70% to the feed in tariff for large scale solar energy production.

The proposal would be implemented on the 1 August, reducing payments to farmers or owners of large commercial buildings.

The industry has reacted with anger to the proposal.

And investors have warned that cutting the scheme just a year after it was created will deter further investment in renewable energy.

Article continues ...

Posted: 19 Mar 2011, 10:25
by Ted
Slightly misleading title.

The proposals are out for consultation until 6th May. Whatever changes are then decided will be implemented from 1st August.

So "UK solar panel subsidies to be slashed" would be more accurate.

Posted: 19 Mar 2011, 12:04
by cubes
Or "Some solar panel subsidies to be slashed" since small installations are uneffected?