About 2 months ago, ministers confirmed that renewables energy installations will no longer benefit from Feed-in-Tariff (FiT) and this includes solar panels. Come 2019, the FiT policy will be terminated and not replaced. Following the announcement by the government, the renewables industry, as well as green groups, have accused the ministry of striking a big blow against household solar power. Green energy subsidy will be gone without a replacement next year, probably affecting households with solar panels negatively. Emma Pinchbeck, an executive director at RenewableUK regarded the termination of FiT with no replacement a major blow to small-scale green energy generators in the country. This most definitely affects solar panels subsidies which is the most popular renewable source of energy.
As from next April, it will be the final chapter for the FiT scheme when it comes to an end to new applicants. Surprisingly, the Feed-in-Tariff planned to be terminated has encouraged over 800, 000 households to install solar panels since its launch in 2010. In 2016, solar installations had already dried up largely following the drastic cut of the incentives. There has been hope that there would be a replacement for this but the announcement on June showed otherwise. Despite the renewables advocate hoping for a substitute for the ending of the incentives, the Department for Business, Energy and Industrial Strategy made it clear that there would be neither an extension nor an alternative.
Besides accusing the government on hitting hard the renewables industry, renewable advocates also blamed the government for indecision, pointing out that it was well aware 3 years earlier that the subsidies for solar panel batteries were approaching their end. According to Climate change charity 10:10, the government had called lights out for small-scale renewables. A campaigner at the group, Max Wakefield, talked of the decision as one that ignores the fact that people and communities want to play a role in energy transition.
As per the government’s proposal, anyone who will install the solar system after April won’t even be paid for the extra solar electricity they export to the local power grids. The only benefit as it seems will be the reduction in energy bills. Another advantage is that solar panels installations are cheaper than they were back in 2010 when the FiT scheme had not even started. The government, when making the announcement, said agreed that FiT programme had triggered a small-scale electricity revolution but subsidies costs needed to be reined in since they levied across all energy bills.
Government officials see it right to act to ensure a continued value for money for bill payers over the longer term in this time when costs fall continually while redeployment with no direct subsidy becomes increasingly possible for parts of the sector. There have been a series of records smashed in the UK by solar power thanks to the recent weeks of sunny weather. Currently, solar panels have been a regular provider of more than a fifth of electricity generation in the UK for several hours in a day.