More UK Government Cuts For Solar Subsidies
New consultation proposes dropping payments to large solar installations by 25 per cent to 1.5 ROCs per MW
The government today proposed new subsidy rates for solar power will ensure the technology plays an important role in boosting the UK’s energy security and tackling climate change.
The new levels outlined in a consultation apply to solar photovoltaic (PV) installations larger than 5MW of capacity, which are supported under the Renewable Obligation (RO), and were published alongside new sustainability criteria for biomass.
The rates have dropped from the current 2 ROCs per MWh, which was proposed to be maintained in a previous consultation published in October last year, to 1.5ROCs for systems installed from 1 April 2013. This would then fall further to 1.3ROCs the following year, 1.1ROCs the year after and to 0.9ROCs by 2016/17.