Friday, June 10, 2011

Solar Subsidy

The UK Government has announced a cut to its subsidy for large solar installations.

As of the beginning of August, installations of solar power that are between 50 kilowatts and 150 kilowatts of capacity will receive 19p per kilowatt-hour produced, down from 32.9p. Larger installations of up to 250kw will receive a reduced tariff of 15p per kwh and field-size installations of between 250kw and 5 megwatts of capacity will get half that, at 8.5p per kwh. Both larger sizes were previously paid 30.7p per kwh.

A sign that the political commitment to renewables has peaked.

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