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Government faces £140m claims over feed-in tariff cut

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Home » Government faces £140m claims over feed-in tariff cut

In October 2011, the Department of Energy and Climate Change (DECC) announced a cut of 50% of the solar feed-in tariff resulting in the reduction of 97% of solar power installation. Indeed, the relatively high feed-in tariff was attractive to install the renewable source . It is a push to help people.

Nevertheless with the reduction of the feed-in tariff, a total of  17 firms claimed £ 140 m of business has been lost. The High Court judged the action as illegal because the cut-off took place before the end of the consultation. Another result of the cut-off of feed-in tariff implied that some companies had to make some of their employees redundant.

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