Ofgem have confirmed what many had already predicted for the solar PV feed-in tariff rates from 1st October to 31 December 2015.
With Tory policy clearly aiming for an early end to government subsidies, the industry has received what looks to be a little rest bite.
The administrator confirmed that all tariff bands below 50kWp would experience a 3.5% degression at the end of next month. The only other band to be effected will be the stand-alone tariff, dropping from 4.44p/kWh to 4.28p/kWh.
Installations over 50kWp will remain as they are until 1st January 2016, when we are expecting to see a fairly significant reduction across the board. Time to move quickly and get your installation booked in.
Full tariff table below: