The Feed-In Tariffs (FIT’s) were originally aimed at financially rewarding homeowners and SME’s who wished to install micro-generation technology by making the proposition more attractive, offering an income in return for the power generated and drastically lowering payback period.
However, the pot of money is not infinite, and it would appear that there is a risk that Big Business wants too greater a share of the pot. Planning applications for Solar farms have increased dramatically as firms look to cash in on the funds available through the FITs, and before long, amount of money available to consumers could seriously dwindle.
While the Government has pledged to protect the ring-fenced Independent Renewable Energy Incentive, without protecting the funds for the benefit of consumers industrial-size solar farms may eat away at the FITs, meaning that the excitement created within the industry and the potential for large-scale domestic installation of renewable micro-generation gets eaten away for the benefit of a few large businesses.
http://bit.ly/fqbSD1
No comments:
Post a Comment