Possible change in the Feed - In Tariff

Possible changes in the Feed - In Tariff

Following an exhausting yet productive end to 2011, CR Smith is now busy preparing for the possibility of the feed-in tariff (FIT) changing again within the solar industry. Moves to make the government reverse its decision to slash the FIT from 43p to 21p are currently being played out in court.

Alisdair Blues, Renewable Energy Sales Manager advises: “If the government is forced to reinstate the 43p FIT, we’re ready for a rush of orders as people take advantage of the higher rate, just as we experienced in November. In the short term, reinstatement of the higher rate would be a much appreciated boost for business and good news for those who want to press ahead with their plans for installing solar panels. However, our main concern remains the stability of the solar PV market. Once it is clear what the courts decide, we can assure our customers that we will only take on jobs that we can promise to install before the feed in tariff drops again in April.

In the short term we are selling systems with a FIT rate of 21p. Our systems are priced competitively enough to still offer a great return on your investment. If, on the 9th of February, the rate does increase to 43p our customers would benefit from a "win-win" situation. They would secure a system at our new reduced 2012 prices but take advantage of the generous 2011 feed-in tariff rate, giving them unprecedented returns.

“The recent high winds demonstrated the importance of a thorough, high quality job and we are delighted to report that none of our customers suffered any problems with their panels. We see the solar panel business as a long term venture on our part, and it is vital that the industry builds its reputation on robust foundations and good quality workmanship."

To guarantee your system is fitted before March 31st, call our office on 0800 200 444 today to arrange for one of our advisors to survey your property for suitability.

Find out more about how
CR Smith could transform your home

Call us free:

0800 200 444