Solar Panel Megathread

[MrSmith]

It shouldn’t just be cut for new installations it should be cut for existing installations.

[Sid Umpley]

looks like the gravey train just ended for some.

[max]

Just in time for Christmas this "we're all in it together" caring Lib Dem / Conservative coalition is sounding the death knell for another industry.

 

Yet another private industry which won't be creating jobs to replace those shed in the public sector.

[Cyclone]

It shouldn’t just be cut for new installations it should be cut for existing installations.

 

It can't be, and how could that possibly be fair, people have spent money on the basis of the amount they were guaranteed.

[Cyclone]

Just in time for Christmas this "we're all in it together" caring Lib Dem / Conservative coalition is sounding the death knell for another industry.

 

Yet another private industry which won't be creating jobs to replace those shed in the public sector.

 

Of course if an industry can only work when supported by public money you have to question whether it's really viable or not in the first place...

[MrSmith]

It can't be, and how could that possibly be fair, people have spent money on the basis of the amount they were guaranteed.

 

A government can only give a guarantee for the length of time it is in office, businesses give guarantees and they only last as long as the business lasts. Different government with a different set of priorities and its mainly banks that would suffer as its banks that have lent the money to fit solar panels, so the government are unlikely to change the tariff for old installations.

[Cyclone]

That's not really true at all. The existing government can sign contracts with durations beyond this parliament and a new government must abide by the terms of those contracts or legally be in breach of them and subject to action in the court.

 

We aren't talking about a change in government though, I was responding to the poster who said that the existing installations should have the tariff cut as well, these were installed under the current government.

[Bassman62]

Just in time for Christmas this "we're all in it together" caring Lib Dem / Conservative coalition is sounding the death knell for another industry.

 

Yet another private industry which won't be creating jobs to replace those shed in the public sector.

 

And 27,000 people will die this winter due to the cold whilst we give aid to China who've just launched another rocket.

And 27,000 people will die this winter due to the cold whilst we give aid to India who have just hosted a grand Prix that 40% of the country couldn't afford to attend in a country that has more Billionairs than in the UK.

Anyone who swallows this "we can't afford it. it's to expensive" should be asking why.

[MrSmith]

That's not really true at all. The existing government can sign contracts with durations beyond this parliament and a new government must abide by the terms of those contracts or legally be in breach of them and subject to action in the court.

 

We aren't talking about a change in government though, I was responding to the poster who said that the existing installations should have the tariff cut as well, these were installed under the current government.

 

But the tariffs were set under the last government; as far as I am aware the guarantee does come with a warning that subsequent governments may change policy so the guarantee wasn't 100% full proof. There was and is a risk involved as there is with all investments.

[fake]

http://www.guardian.co.uk/environment/2011/oct/31/feed-in-tariff-cuts-industry?newsfeed=true

 

In summary, the government will be cutting feed-in tariff payments from 43.3p per kWh to 21p per kWh for anyone who installs solar panels after December 11th this year.

 

Not looking good for the solar planet then

 

21p per kWh is still very generous and as the cost of panels have come down its still a good deal for the individual householder.