Solar Power Feed in Tariffs – the compensation question…
2 February 2012
If you’re involved in the UK solar energy market, you’ll share the frustration of many companies at the continued delay in settling the issue of feed-in-tariff (FiT) subsidies. With the Government determined to pursue the matter through ever-higher courts, the industry is, effectively, at a standstill for many. That’s something that puts the entire future of many solar PV suppliers, developers, installers and investors on the line. In the meantime companies face mounting financial pressures as they struggle to pay overheads and wage bills.
Our press release shows that the issue of compensation will remain unclear until DECC’s second appeal has been heard by the Supreme Court. Even then it is likely to depend on the specific circumstances of each claim. What is important is that companies talk to legal advisors before the Supreme Court hearing. That way, if there is a chance of compensation, action can be taken sooner, rather than later.
If you would like to explore your options with us, please contact Clare King or Edward Butler.
Our updates on the recent Appeal Court decision
Our update on the original High Court judgment
Our update on the FiTs review consultation
The DECC FiTs review webpage
Clare King talks to The Daily Telegraph about the recent Appeal Court decision
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