The Sun Sets On Britains Solar Subsidy Boondoggle
Posted by Tory Aardvark
At last a small ray of sense has flickered briefly from the Department of Energy and Climate Change (DECC) who are now working on a further cut in FeedIn Tariffs (FIT) for solar panel installations.
The Energy Act 2008′s Green taxation to support the solar industry has been described as “one of the most ridiculous schemes ever dreamed up” by Energy Minister Lord Marland, moves to cut the FIT were met with legal action by FoE and solar panel companies who cannot exist with out tax payer funded Green subsidy.
The resultant cut in the FIT to 21.4p per KwH has seen a marked drop in so called Green installations of solar panels, proving once again it was never about the environment, just an opportunity to make what the DECC now describe as “eye watering profits“, with a further cut in Green subsidy on the way, the whingeing is already starting:
Some 400 senior figures in the solar energy industry said demand for panels has collapsed since the Government started slashing financial incentives for families that want to go green.
Oh really? Surely if these families really wanted to go Green, then the FIT would be of second order of importance, nothing is more important than saving the planet, right?
Ministers provoked fury last year when they more than halved the subsidy for the feed-in tariff for households which feed excess electricity from their solar panels into the national grid.
Critics said the move would deter people from buying panels, which cost an average of £12,000, because it would double the time it took them to recoup their initial investment.
The Department for Energy and Climate Change (Decc) is now consulting on a further cut in feed-in tariffs to come into effect in July. It argues that the scheme still amounts to a generous subsidy for prosperous people who can afford panels, funded by less well-off consumers. But the solar energy firms told Mr Cameron, who promised to lead the “greenest government ever”, that demand for solar panels has halved in the past year because of the uncertainty over subsidies.
In their own words, uncertainty over subsidies without which the renewable energy sector, with the exception of hydro, cannot exist.
People are more concerned about turning a profit than being Green, the environmental movement would do well to recognise this, instead of spreading the usual lies that people support renewables.
The only people who support wind and solar are those making a fortune out of the scam, the Green NGOs with their Agrarian society dreams and the dwindling number of people who read the Guardians Environment section.
A Decc spokeswoman said: “Solar does have a bright future in the UK. It is an exciting and popular new technology, but it would be totally irresponsible to continue subsidising the lucky few who are making eye-watering profits at the expense of the consumer who pays for this subsidy through their electricity bills.”
She said that even at a tariff of 21p, rates of return are still higher than they were ever intended.
The German solar industry which was far bigger than Britain’s is bankrupt and all but dead, cuts in subsidies and a glut of solar panels on the world market sounded the death knell, it is ludicrous to think that Britain’s solar industry would fare any better.
All Feedin Tariffs should be ended, consumers energy bills reduced and if wind and solar survive then they were a viable technology, if not they were just another Green white elephant.
About Tory AardvarkClimate Realist, Conservative and proud NRA member. I don't buy into the Man Made Global Warming Scam, science is never settled. http://toryaardvark.com @ToryAardvark on Twitter ToryAardvark on Facebook
Posted on May 8, 2012, in Anthropogenic Global Warming, Church Of Climatology, Climate Change, Green Lies, Renewables, Social Engineering, Sustainable Development, Wealth Redistribution and tagged Feedin Tariff. Bookmark the permalink. 6 Comments.