When the Feed-in-Tariff (FiT) for solar ended on March 31st this year, you could have been forgiven for thinking that the industry would naturally suffer a blip. However, many are seeing the new framing as an opportunity to further develop their plans.
Community Energy groups like Energise Sussex Coast already have an extra year to help community groups benefit from an extension of the tariff, and other organisations like Brighton Energy Coop have secured exemptions for 30 new solar sites – full story here.
Energy providers Octopus and Bulb have taken the further initiative of continuing their own version of the FiT to ensure their customers still benefit from producing excess electricity, and in the case of Octopus, they are aiming to “replace and improve upon” the government subsidy. See the full story from Business Green
Based on improvements in technology and the need for lower carbon energy, we believe there is a bright future ahead for solar as prices continue to follow the trend of becoming more and more affordable every year – particularly with regard to battery storage systems like the renowned but currently still pricey Tesla option, and the more affordable Sussex produced Moixa option.