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Published on 25 - January - 2012
 

Government loses FITs appeal

It has just been announced (January 25) that the government has lost its appeal against a decision which found that it was wrong to slash Feed-In-Tarrif rates in the way it did.

The BBC says that the High Court case involved the government's move to halve the payments made to households with solar panels, which it says are unsustainable.

Solar businesses and campaigners had warned thousands of jobs could be lost as a result of the move.

Under the feed-in tariffs programme, people in Britain with solar panels are paid for the electricity they generate.

The decision means the current tariff of just over 43p is likely to remain in place until March.


Datateam Business Media Ltd 2012. BuildersMerchantsJournal.net news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.



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