Many solar companies in the UK are threatened by FiT cuts, survey finds
27th October 2015 15:19 - Utilities
According to a recent survey by The National Association of Professional Inspectors and Testers (NAPIT), 80 per cent of solar installers are anticipating notable reductions in the number of installs they perform.
NAPIT has warned that as many as 70 per cent of solar photovoltaic companies are under threat from the FiT (feed-in tariff) cuts which are being discussed currently.
The feed-in tariff consultation recently closed and the submitted evidence is now being reviewed by the Department of Energy and Climate Change ahead a decision, due to be made before December.
The survey findings also revealed that 70 per cent of the participants believe that the measures will impact their financial situation. Approximately the same figure said that they were planning to leave the solar installation sector and 80 per cent said that they feel the measures will notably impact the amount of installations they forecast.
Chairman at NAPIT, Frank Bertie, said of the findings: “The feedback we received suggests the Government could be on the cusp of destroying a huge chunk of the solar PV supply chain, and with it, the livelihoods of thousands of hard working people who not only install but also repair and maintain this valuable source of energy,”
He added: “This would also have a negative effect on the confidence on the remainder of the renewables sector due to the lack of government support and would have a destructive consequence on an industry close to self-financing,” he added.
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