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Small Feed In Tariff reduction due in April as Solar PV continues to see steady growth

Ofgem has confirmed that there will be a very small Feed In Tariff reduction due from 01 April 2015 affecting new installations only of 0-10kW and 50kW-5MW. According to the Solar Trade Association (STA), this is the first time since 2012 that the residential sector has triggered a degression through growth, rather than an automatic degression every nine months. David Pickup, Business Analyst for the STA, said “These latest statistics show that the FIT solar PV market is seeing healthy growth with plenty of solar going up on domestic and commercial roofs as well as small solar farms”.

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