UK government announces they will cut solar panel subsidies by a bit less than expected but still a - Polidicks

[url]http://www.bbc.co.uk/news/business-35119173[/url] [quote]Subsidies for small scale solar electricity panels on homes are to be cut, the government has announced, although by less than expected. The subsidies will be cut by 64%, although this is less than the previous proposal of an 87% reduction. The cuts have been softened following a storm of criticism. The government says large-scale solar farms are cost-competitive, but the sector says it is being forced to stand on its own feet before it is ready. The industry is worried about a new government cap on the volume of solar installations.[/quote]

Euuurgh. Though i still think nuclear is the way to go for now, this still sucks. How is military more important than NHS and green energy?

3 steps back, 1 step forward. Praise the government for their 1 step forward.

Cunt

I'm glad to know that we're well on our way to following the example set by one of the most popular and celebrated Commonwealth leaders ever, Tony Abbott.

[QUOTE=CrumbleShake;49335610]3 steps back, 1 step forward. Praise the government for their 1 step forward.[/QUOTE] Blame austerity (thus the recession, thus the opposing party which was the government before the last government 7 years ago). I wonder what their defence will be when the next recession hits. Will they find some weasel way to blame that on labour as well?

Without a net metering system this essentially makes solar cost neutral for homeowners at best. It's probably going to take 20 years for it to pay itself off. The issue with home based solar panels is that most people aren't using much electric while the solar panels are generating the most electricity due to being at work, school or whatever. So the vast majority of that power is going into the grid, which is still a good thing since during the day there's quite a heavy load on the grid. The issue is that it now costs significantly more to draw from the grid than it does to put energy into it. This does provide a pretty significant boost the home battery business though. Previously you was essentially being paid to put energy in the grid and draw back from it later, now drawing from the grid will cost you once again. Homes will need to store the energy themselves for solar to make sense financially. The costs of solar panels are coming down quite rapidly but now that will be offset by the need for a battery system and a more robust inverter. I think incentivizing solar installations to have batteries is a good move as that builds toward the future "smart grid", but the battery industry isn't ready for this yet. The home battery industry is only really just starting to get off the ground and it's a very new thing with limited production capacity. The government should create subsidies for batteries if this is what they wanted to accomplish. They should have also slowly cut the feed in tariff rather than gutting it so the battery industry has a bit more time to get off the ground.

He's such a manchild

[QUOTE=mdeceiver79;49335707]Blame austerity (thus the recession, thus the opposing party which was the government before the last government 7 years ago). I wonder what their defence will be when the next recession hits. Will they find some weasel way to blame that on labour as well?[/QUOTE] I hope the next recession comes before the Tories are out of office. Apparently there's a lot pointing to it being in the next few years.

[QUOTE=CrumbleShake;49342774]I hope the next recession comes before the Tories are out of office. Apparently there's a lot pointing to it being in the next few years.[/QUOTE] They'll find something else to blame it on. + it'll mean labour will be handled a crippled country and won't be able to fix the damage the Tories have inflicted. I hope scotland has another independence referendum, if they go their own way I'm moving up there and going with them.

As much as I disagree with this policy change, hoping for another recession to come sooner is pretty stupid. Infact another recession would probably mean renewable subsidies getting cut all together and just going the gas route because it's the simplest option. Also won't get another Scottish referendum any time soon. You can't just keep having a vote until you get the outcome you want, you have to at least wait until the next generations comes of age.