Government to spend just £7m on solar claims STA
New figures from the Solar Trade Association (STA) claim the Government is set to spend just £7m on solar energy over the next three years.
The STA has conducted a detailed analysis of the Government proposals to cut the Feed-In-Tarff that shows they would result in a maximum of just £7 million of support on new solar deployment.
According to the STA, spending will fall from a current run rate of less than £70million per year to £2million per year.
As a comparison, Buckinghamshire County Council currently spends £7m on potholes in a single year.
“Allocating £7million of support for solar power – the world's fastest growing clean energy solution – is absurd. This does not constitute a serious energy policy,” said STA Chief Executive, Paul Barwell.
"Solar can transform choice and competition in electricity markets, so the government’s short-term thinking on bills risks condemning hardworking families to a future of higher energy costs.”
“This 98% cut in support is extreme and will decimate the nation’s most popular source of energy, and puts at risk over 20,000 solar jobs. The UK will be left behind if we turn our back on a global solar revolution.”
“We have a plan to maintain a robust and growing solar industry and are keen to work with Government to find an effective solar policy that also delivers value for money. It is essential the Government rethinks its proposals – jobs and businesses are at risk,” added Mr Barwell.
Jamie Hailstone is a freelance journalist and author, specializing in local government, transport and energy issues