November feed-in tariff rates revealed for the UK

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The UK’s Department of Energy and Climate Change (DECC) has released the official quarterly statistics for solar installations in 2012. Under the newly-introduced capacity trigger mechanism, the level of installations recorded in May, June and July inform the feed-in tariff (FiT) rates for November 1.

As a result, the FiT rates in the UK from November 1 will be as follows:

Digression Band Tariff band Deployment level Digression rate FiT tariff from November 1
0-10kW ≤4kW  163.77MW 3.5% 15.44p
>4-10kW 3.5% 13.99p
         
>10-50kW >10-50kW 57.09MW 3.5% 13.03p
         
>50kW-5MW >50-100kW 13.94MW 0.0% 11.5p
>100-150kW 0.0% 11.5p
>150-250kW 0.0% 11p
>250kW-5MW 0.0% 7.1p
Stand-alone 0.0% 7.1p

The announcement of the upcoming FiT rate digression for those installations that lie between 0-50kW follows disappointing installation figures as a result of the introduction of a lower FiT rate in August.

The installation rate dropped by 87% following the slashing of the domestic FiT rate from £0.21/kWh down to £0.16/kWh. When the new £0.1544/kWh rate is introduced in November, it will complete a 65% decrease in the available FiT rate over the last six months.

Despite the swingeing cuts to the available feed-in tariff rates, the UK market is still continuing to perform strongly – installing 260MW in Q3’12.

Large-scale solar installations are also experiencing a significant renaissance in the UK under the Renewable Obligation (RO) scheme, which supports installations >5MW. The UK government recently announced that it would keep its level of support for large-scale solar at 2ROCs until April 2013, whilst it consults further over future support for solar technology.

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