Last updated on October 31st, 2018 at 09:36 pm
Please don’t dilly dally with PV solar panels because sometimes the shortsightedness of some people can leave you speechless, but the short-slightness of the people in power just leaves me dumbstruck sometimes.
After much heartache over the last few months caused by the governments mishandling of the feed-in tariffs scheme’s reduction for PV solar panels. With the still unsettled court case which the government has already lost twice, but continues to appeal.
You’d be forgiven for thinking that the “Greenest Government Ever”, as quoted by David Cameron, doesn’t like renewable energy technologies.
On top of the un-scheduled and mus-managed feed-in tariff reductions, which saw the rate reduced from 15.44 pence to 15.44 pence, also, we will see the 25 year payment period reduced to 20 years with new proposals from the Department of Energy and Climate (DECC).
There has never been a more critical time to install solar soon.
Although last year’s tariff reduction was justified and necessary due to the fast falling costs of an average domestic solar panel installation and to safeguard the scheme from the free solar panel companies, whose unforeseen over-success, did threaten to derail the project.
Stuart Lovatt the founder of Heat my Home adds “The new 20-year proposal is yet another kick in the side of the PV solar panel industry which is already suffering from a confused public and lack of investor confidence because of the government’s mismanagement. On the plus side, the Chancellor George Osbourne has thrown the solar industry a small bone in saying:”
“Renewable energy will play an important part in the overall energy mix”.
A short sighted solar panels review
In contrast, a £3bn tax break from the chancellor to help BP and others drill new deep wells in pristine waters off the north of Scotland was condemned but is hardly surprising when you look at the nation’s current and future predicaments.
After only 30 years, we have peaked and are already on the declining side of North Sea reserves. With a Putin’s Russia and the Middle East’s uncertain future with instability, all this must be a real concern for our political leaders. It only makes sense then, to keep scrapping the North Sea barrel as we are now seeing. We should, however, be phasing out our dependence on oil, not chasing more difficult and risky sources.
This policy is a very short-sighted and short-term solution to a very long-term problem. A more of the same approach can only lead one way, and when you factor in the path to consuming these last reserves quicker with more road building and more airports, then we are almost certainly speeding towards the inevitable conclusion even faster.
The point I am attempting to make here is that, over the course of the next few years, the incentives for installing solar panels through the feed-in tariffs will gradually fade. Don’t dilly dally and wait because we hear from people all the time, who wished they had installed before, but never did, missing the lucrative pioneer rewards.
The incentives are still right and still around, and you are lucky enough to be reading this.
Take full advantage because I can guarantee that George Osbourne thinks, that people will buy PV solar panels on mass when the cost of energy (well predicted by the energy companies) reach ridiculously high levels.
The feed-in tariff incentive will be small if at all.
Stay ahead of the madding crowd.