Tuesday, January 26, 2016
The feed-in tariff (FIT) will remain in place until 2019, the government has decided. The scheme will resume – at lower tariff levels – after a four-week pause between 15 January and 8 February.
Under the new tariffs, government is targeting a 4.8% rate of return for solar, 5.9% for wind, and 9.2% for hydro. But the industry argues that does not take account of changes in VAT and the retention of anti-dumping measures for photovoltaic (PV) panels (see boxes below).
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