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FIT-Rate-Changes-October-2015

NEW DECC FIGURES CONFIRM A 3.5% FIT RATE CUT FOR 1st OF OCTOBER

05th August 2015 | Author: Chris Sutor

 

Every quarter, the Department of Energy and Climate Change (DECC) report on the last three months' installation numbers and these are used to determine changes to the FIT rate.

The installation figures released by DECC this morning show the expected surge in the last quarter, will result in a further 3.5% cut in the FIT rates for sub 10kW on the 1st October.

DECC has announced the installation figures for the last quarter.  They look pretty good on the whole.  Below is a summary from our Feed in Tariff tracker

 

Power Banding Percentage Degration MW Installed in Quarter
0-10kW 3.5%  117MW
10-50kW 0.0% 27MW
50-150kW 0.0% 5 MW
150-250kW 0.0% 5 MW
250-5000kW 0.0% 11 MW

The full report can be found on the DECC website.

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