Are you rushing to beat the FIT reduction deadline? Don’t!

Are you rushing to beat the FIT reduction deadline? Don’t!

Don’t believe their lies!

DECC release new installation figures – no PV FIT regression on 1st October 2014

If a solar panel salesperson has advised you to hurry in order to get your installation done before the Feed in Tariff reduction deadline, then my advice is to tell them where to go! There is too much scaremongering in this industry and if someone is trying to push you into a deal using fear tactics then they don’t deserve your business.

DECC have released the latest set of installation figures for Solar PV up to the end of June 2014 which show total installations in the second quarter of 2014 of 144MWp indicating there will be no regression in the feed-in tariff rate on the 1st October. The next digression will therefore be the automatic one due on the 1st January 2015 for the 0 – 10kw and 10kW – 50kW bands which is expected to be just 3.5%.