Friday, February 10, 2012
The Sun Goes Down on Solar Energy?
If they had a radio on in the offices of DECC lets hope it had Elton John's 70's classic "Don't Let The Sun Go Down on Me" blasting out loud and clear. Things started brightly for the solar industry with a wapping 41.3p feed in tariff provided by the previous government. For a while it seemed that the coalition had overlooked this little financial time bomb but finally they've cottoned on and are about to severely damage and industry that has grown rapidly in the last couple of years. Lets face it had you ever seen a Solar PVR or heard anyone talking about them in the pub before the Feed in Tariff came about? Yes it may have cost but it certainly raised interest. Unfortunately that interest is now likely to be consigned to the recycling bin of history as the tariff is further reduced to cut the budget deficit. Well there can't be any other reason as it was a great success. The excuse is the costs to the industry of producing panels has decreased so the rewards for production should decrease accordingly. An argument that holds as much water as a sieve. Yes costs have gone down but not by over 60%. Sadly all that will happen now is there will be a glut of installers trying to get people signed up before the money runs out serving to land another blow to the solar industry. Pushy salesmen cut price deals, ring any bells, yes double glazing and we all know the reputation that trade still suffers from. Topical as well that Chris Huhne's departure is locked up in there somewhere. Greenest government ever..don't make me laugh!
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