NHF calls for urgent meeting on FIT cuts
Published by 24publishing for 24dash.com in Housing and also in Central Government, Environment, Local Government
The National Housing Federation (NHF) has called for an urgent meeting with the Department of Energy and Climate Change (DECC) over the planned Feed-in Tariff (FIT) cuts.
NHF chair Matthew Taylor has written to ministers requesting a meeting following proposals by DECC to cut the FIT rates for solar PV installations by half.
DECC announced the subsidy for 4kw retrofits would fall from 43.3p per kilowatt hour of solar electricity to just 21p.
Mr Taylor has explained that these changes are likely to make large solar schemes in poorer neighbourhoods "financially unviable".
According to the NHF, it would also result in millions of tenants missing out on cheaper energy deals even though they would still be paying a surcharge on their energy bills for the initiative.
The Government is not directly funding the FIT scheme but is raising funds through a general increase in electricity prices to every consumer.
The Government has said the scheme has done exactly what was intended - helping to bring down installation costs and encourage uptake.
However, it said the green economy does "not exist in a vacuum and it is important, particularly in the current climate, that our approach to public subsidy is responsible and results in the widest possible deployment".
The NHF said it will be working with policy makers during the consultation period to ensure that housing associations and tenants can benefit from Feed-in Tariffs.
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