Smart Export Guarantee Is Here!
As of the 1st of January 2020, the Smart Export Guarantee (SEG) legislation came into full effect.
As of the 1st of January 2020, the Smart Export Guarantee (SEG) legislation came into full effect.
After months of speculation regarding the future of the Feed-in Tariff, the Department of Energy and Climate Change announced yesterday the extent to which the financial support for solar installations would be scaled back.
In a move that has caused widespread controversy within the industry and uncertainty in customers, the DECC last week revealed proposed Feed-in Tariff cuts of up to 87 percent from the start of January 2016. The announcement, a result of the long-awaited Feed-in Tariff review, also revealed more stringent plans for digression which could see an end to payments on certain system sizes as soon as 2019.
How will July’s Feed-in Tariff reductions impact the average customer looking to install solar PV?
A Feed-in Tariff cut is to be expected come July. But don’t panic, the planned Feed-in Tariff cuts won’t break the back for homeowners looking to invest in solar energy.