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United Kingdom: Solar still a good option despite subsidy cut and VAT hike, says industry

2016-01-14 12:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Solar panels still make financial sense for consumers despite a double whammy of subsidy cuts and a rise in VAT rates, the industry has said. Midnight on Thursday marks the final chance for homeowners to secure the current incentive of 12.47p per kWh for electricity from solar panels. The feed-in tariff scheme then closes to new applicants for three weeks and anyone installing panels will get 4.39p per kWh, a 65% cut that was branded huge and misguided when it was announced just before Christmas....

Tags: good united kingdom industry

Category:Electronics and Electrical

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