The solar industry is putting forward an emergency rescue plan for British solar: it would add just £1 to energy bills in 2019, and serve as an alternative to the government’s proposed cuts to the Feed-in Tariff.
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The Solar Trade Association hopes that its ‘£1 solar rescue plan’ will work for both the solar industry and the government, allowing a viable solar market to continue while giving the government the cost control guarantees it needs.
At an action day outside the House of Commons, the £1 plan garnered cross-party support from over 30 MPs from all parties, including Sir David Amess MP (Con), Mims Davies MP (Con), Kevin Hollinrake MP (Con), Caroline Flint MP (Lab), Caroline Lucas MP (Green), Callum McCaig MP (SNP) and Tom Brake MP (Lib Dem).
The government consultation on the changes closed last week, with a final decision expected later this year.
Adding £1 to bills
The Solar Trade Association’s proposal introduces higher tariffs than those proposed by government, with higher and more flexible caps on the total amount of solar that can be deployed and an improved mechanism to continually bring support levels down.
The trade body is asking for a total of £95 million over the next three years, a significant increase on the £7 million the government is proposing over the same period.
The plan would only add an extra £1 per year on average household energy bills from 2019 for new solar deployed over the next three years, which would generate enough electricity to power the equivalent of 875,000 homes.
Last week, utility company Good Energy published a report showing that solar and wind generation is already helping to reduce wholesale electricity costs.
The £1.55 billion reduction in power prices in 2014 offset much of the cost of supporting the renewable technologies.