New rates have been announced for the Feed-in Tariff (FiT) scheme for 2016 onwards including a 64% cut to the domestic tariff bringing down rewards from 12p/kWh to a measly 4.39p/kWh. The subsidy cuts however were smaller than expected for small to mid scale solar, wind, and hydro projects, although plans for a £100m cap […]
FiT changes hinder community energy projects
Energy secretary Amber Rudd admits that Feed-in Tariff (FiT) changes could have a negative impact on the development of community energy projects. However she defended her decision by reiterating the importance of safeguarding spend under the FiT scheme. Not all is lost though as she offered community projects hope of potential assistance when she added: […]