A recently established solar energy company has been set up with the aim of protecting customers from future changes to feed in tariffs.
Home Solar Saver Co was established by couple Ian and Lindsey Reed and helps domestic and commercial customers accurately calculate their energy usage after renewable energy technologies have been installed.
A Billingham-based firm offering comprehensive support to people looking to make their homes more energy efficient has gained a prestigious quality mark in record time.
Jayvee Renewables, part of Jayvee Building Services Ltd, offers a “one stop shop” service to customers looking to install solar photovoltaic roof panels.
The National Renewable Energy Centre (Narec) has announced the formation of a new photovoltaic division – Narec Solar Ltd.
Muckle LLP have assisted Narec in the formation of the new company following an investment made by a European partner. This will now allow Narec to continue to provide solar energy products and services to clients around the world.
Narec Solar will work with their new partners to grow a global client base for solar cells, solar cell modules, research and development, and consultancy services. Narec have restructured its core operations to focus on the development of offshore renewable technologies – wind, wave and tidal. The sale was structured to create a new standalone business, with Narec also maintaining an ongoing interest in the new company – so the links and support remain.
The Government has said it will appeal against the decision by the Court of Appeal to endorse its earlier decision to rule that it had been wrong for the Secretary of State to cut subsidies for the installation of solar panels before the consultation period had ended.
It is feared that jobs in the region will continue be at risk as installation demand drops off in the face of reduced Feed In Tarriff payments to consumers. Clarity on this matter would have boosted the North East’s growing solar panel installation industry, with customers not knowing whether they are set to benefit from the FIT’s until the legal issues are resolved.
Until the Government finally set a date for the expected lower FIT’s rate is implemented, uncertainty will remian which is detrimental to local jobs in this important sector for our region
We would welcome your thoughts on this…
Source: Journal Live
DECC has today laid before Parliament draft licence modifications which make provision for a reduced tariff rate (from 1 April 2012 onwards) for new solar PV installations. There will be an eligibility date on or after 3 March 2012 under the Feed – in Tariffs scheme (FITs).
The DECC Minister Greg Barker has stated that the level of FIT’s must be reduced to avoid the whole of the FIT budget from being overspent. The Government are appealing against a court ruling that has challenged their December 2011 reference date. The judgement of the Court of Appeal is awaited, but today’s announcement is a contingency that will bring the 21p rate into effect from April for installations from 3 March 2012.
The Government intend to press ahead with the appeal as they believe that the industry needs certainty and there is a need to protect the budgets for the FIT’s.
The consultation on the FIT’s scheme closed on 23 December 2011 with over 2,000 consultation responses received which are being analysed by DECC. The outcome of the consultation is to be announced by 9 February 2012, in time for any resulting legislative changes to come into effect from 1 April 2012. The Government announcement will be accompanied by reform proposals for the next phase of the comprehensive review of the FITs scheme, which will be the subject of a further consultation.
Link to full story: http://www.decc.gov.uk/en/content/cms/news/fits_jan12upd/fits_jan12upd.aspx