Spain announces retroactive FiT cuts

The Spanish government has published retroactive feed-in tariffs for projects installed between 2009 and 2011.

In spite of anger from Spanish solar industry associations, the government’s new tariffs for PV systems installed in Q1 of 2009 will range from €0.3566 (US$0.4763) per kWh for integrated systems up to 20kW to €0.3356 per kWh for all non-integrated systems installed in the fourth quarter.

In 2010, tariffs will range from €0.3493 per kWh for integrated systems up to 20kW installed in the first quarter to €0.2656 per kWh for all non-integrated PV systems installed in Q4.

Tariffs connected to the grid in 2011, when inflation was highest, saw the greatest cuts. For systems installed in 2011, tariffs will now range from €0.3135 per kWh for integrated PV systems up to 20kW installed in the first quarter to €0.1249 per kWh for all non-integrated PV systems installed in the fourth quarter.

Earlier this month, the government had announced a cut of 0.028% to the FiT, claiming this was due to modifications to its consumer price index (CPI).

The government said that changes to the CPI would help to reduce the country’s financial crisis and would result in consumers not having to bear the brunt of increased fuel bills.

The new tariffs are valid from 1 January 2013, and will be applied to all PV installations connected to the grid in Spain from 2009 to 2011.