A loophole in the Department of Energy and Climate Change (DECC) feed-in tariff policy documents is set to be closed as companies rush to take advantage of higher incentive rates.
Under sections 15 and 16 of the ‘Feed-in Tariffs (Specified Maximum Capacity and Functions) Order 2010’ document, developers are able to install a system over the microgeneration amount before the August 1 deadline – thereby receiving the higher FiT rate – and then install an extended capacity within 12 months. Importantly, this extended amount would also benefit from the higher rate. Read the full article here – Solar Power Portal
Breaking News: DECC plans to close feed-in tariff loophole
A loophole in the Department of Energy and Climate Change (DECC) feed-in tariff policy documents is set to be closed as companies rush to take advantage of higher incentive rates.
Under sections 15 and 16 of the ‘Feed-in Tariffs (Specified Maximum Capacity and Functions) Order 2010’ document, developers are able to install a system over the microgeneration amount before the August 1 deadline – thereby receiving the higher FiT rate – and then install an extended capacity within 12 months. Importantly, this extended amount would also benefit from the higher rate. Read the full article here – Solar Power Portal