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BPVA calls for FiT rate to freeze

The British Photovoltaic Association (BPVA) has urged the Department of Energy and Climate Change (DECC) to keep the Feed-in Tariff (FiT) and Renewable Obligation Certificate (ROC) rates frozen for longer.

The BPVA plans to suggest a 12 month rate with six month reviews thereafter at the next DECC Solar Finance Strategy Group meeting on 10th July.

Reza Shaybani, BPVA chairman said: “The BPVA has been monitoring the [anti-dumping] case from [the] start… we are aware that the current situation will bring more uncertainties for the industry, the government and ultimately for the customers. We are still hopeful that the situation will be resolve through negotiations between the Chinese companies involved and the European Commissioner. However in the meantime, not to damage the industry further, we are asking DECC to suspend any further degression of FiT & ROC.”

Shaybani continued: “DECC has the power to suspend further degression of the subsidies for a limited period of time. I have spoken to Greg Barker the [energy] minister and other officials at DECC about this issue and [we] are currently working on the financial impact this may have on the budget.”

Under government policy, the FiT and ROC rates are due to gradually decrease over time.

Posted by:Ecolution Products Limited

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