DECC appeal result set for January 25th
The Court of Appeal will release the verdict of the Department of Energy and Climate Change (DECC) application to appeal at 10:30am on Wednesday 25th January. This announcement will contain the ruling of whether the application to appeal has been successful. If the application is rejected then the Feed-in Tariff (FiT) rate will go back up to 43.3p per kilowatt hour for solar PV installs from December 12th to March 3rd. After this date installs will receive the 43.3p rate until April 1st when they will receive 21p per kilowatt hour. However if the application to appeal is accepted then we will still need to wait for the result of the appeal itself before we know what the exact FiT rate for installs will be though it will no lower than 21p.
Different sources are interpreting this announcement in different ways. Some sources think this means that the application to appeal will be rejected, and the FiT be restored to 43.3p. However others think this announcement means that the application to appeal will be granted and it will be a couple of weeks before the overall result comes out. Whatever the outcome, solar PV panels still produce an excellent rate of return at either rate of Feed-in Tariff.
If the 43.3p FiT rate is reinstated we’re expecting a surge in enquiries again just like we did before December 12th. Want to be first on our books? Visit acgoldsolar.co.uk to find out more and enquire online.
Alternatively contact us at email@example.com or call our freephone number 08000 355 779.
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