In the five months the Feed-In Tariffs have been in place, there have been 6,930 Solar Panel installations. Homeowners and commercial sites have benefited from guaranteed long-term tariff rates for the green electricity they generate. The REA surveyed its members and found that the tariffs have resulted in a 62 % increase in jobs created by the PV industry with an overall increase of 125% predicted by the end of the first year of tariffs.
Leonie Greene, from We Support Solar said that the “data is strong evidence that the industry is now starting to expand in the UK” and that it was “encouraging to see Energy Minister Greg Barker recognising the importance of the FIT scheme.”
More than a thousand installations, which were made before the introduction of FITs in April, have now transferred onto the scheme.
However, some say there’s still a long way to go. Gaynor Hartnell, Chief Executive of the REA said, “Last year, the UK installed just 2% of the PV installed in Belgium, so we have a lot of catching up to do.”