
Our Resources & Energy team's latest briefing on the Solar PV Feed-in Tariffs
Our Resources & Energy team's latest briefing on the Solar PV Feed-in Tariffs
A summary of May's briefing:
- Solar PV Feed-in Tariffs are set to be reduced from current levels on the 1st August 2012.
- Subsequent reductions will occur every 3 months on 1st November, 1st February and 1st May.
- Reductions will be announced 2 months in advance and will be dependent upon the deployment level in the previous 3 month period.
- A baseline degression of 3.5% every 3 months will be in operation with higher degression if deployment is high.
- The tariff lifetime will be reduced from 25 to 20 years.
- Multi-installation tariff for those with more than 25 installations will be reduced to 90% of the full FiT.
- Export tariff is to be increased to 4.5p/kWh.
- Indexation of the tariff will continue to be in line with the Retail Price Index (RPI).
To read the full briefing, please click here.