Success of solar subsidy is in ‘jeopardy’

The second rewrite of the Government’s subsidy for solar is putting jobs in the industry at risk, a solar firm is warning. Photon Energy believes that in the current economic […]

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By Vicky Ellis

The second rewrite of the Government’s subsidy for solar is putting jobs in the industry at risk, a solar firm is warning. Photon Energy believes that in the current economic climate this is a “hugely irresponsible” move.

Jonathan Bates, a director at the designer and installer of renewable systems, said today: “The Government’s fast-track review of the FiTs rates earlier this year has already caused huge damage to one of the few growth industries of the UK’s stagnant economy and this comprehensive review is set to make the situation even worse.

“The success of the FiT is yet again in jeopardy and with it, the solar PV industry and the tens of thousands of jobs it supports. To cut jobs in a new, high tech, environmentally sustainable industry at a time of economic instability is hugely irresponsible.”

Mr Bates warned Government against “cutting too deep and too soon”.

Announcing the 51% cut to the subsidy yesterday, Energy Minister Greg Barker defended the changes: “The plummeting costs of solar mean we’ve got no option but to act so that we stay within budget and not threaten the whole viability of the FITs scheme.”