Petition launched to review FiT cuts
A petition has been launched lobbying DECC to urgently review its approach to financial support for solar PV under the Feed-in Tariff.
It has been created in response to last week’s announcement that FiT rates could be cut by as much as 87 percent from this January, in yet another proposed renewable subsidy cut from the government.
DECC’s proposals are currently subject to an eight week consultation period, but have rocked the industry as deployment rates become threatened from shrinking returns making solar less affordable.
The petition points to the disparity in the government’s attitude to supporting fossil fuel generation via multi-billion pound subsidy, and its reluctance to support solar.
10,000 signatures will oblige the government to respond to the petition, whilst 100,000 will make it eligible for debate in the House of Commons.
To sign the petition click here