Author: Oliver Lewis
When the government announced a consultation to review solar panel tariffs this got reported as “Tariffs to drop to 1.9p” and “Tariffs to be cut by 87%”. “The UK solar industry will collapse as a result of the cuts” they say. Now, lets try to look at some facts rather than media hype. If we cast our minds back to 2010, a 4kW domestic installation could cost £16,000 to £18,000, actual panel prices were between £1.80 and £2.10 per watt, and the FIT was 43p. The government objective was that people with a decent south facing roof would earn…
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