UK Government softens domestic solar cuts
Source: Energy Live news
The UK Government has confirmed cuts to financial support for domestic solar projects – but by less than expected.
The so-called Feed-in Tariffs (FiTs) will be reduced by 64% in comparison to the previous proposal of an 87% cut.
That means the total cap for small-scale renewable projects will stand at £100 million from February 2016 to April 2019.
FiTs is one of the renewable schemes funded through the Levy Control Framework (LCF) which is designed to control the costs of supporting low carbon electricity, paid for through consumers’ energy bills.