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Finance Articles | November 4, 2010 Following the spending overview at the end of final month, lots of folks have been left asking how the newly introduced Feed-In Tariff would be impacted. This post discusses what was mentioned in regards to the Feed-In Tariff and what the spending overview means for individuals who are interested in investing in solar PV. At the finish of final month,[url=http://www.belstaffbelstaff.net/topichtml/belstaff-birling.html]belstaff birling[/url], George Osborne announced the spending cuts that would be produced by the Coalition Government in the coming years. For these who work in the solar PV industry, this was of distinct interest as we waited to see no matter if the Feed-In Tariff would be impacted.The answer that came was fortunately no,[url=http://www.motorcyclejacketmall.com/topichtml/belstaff-jacket-navy-blue.html]belstaff jacket navy blue[/url], the present Feed-In Tariff would not be impacted. Having said that it was recommended that the existing high levels of tariff could not be around forever.The Feed-In Tariff was introduced in April 2010 and at present is set at 41.3p per kWh for a solar PV method that is 4kWp or smaller sized. This tariff is scheduled to have its very first evaluation in April 2012, with the initial reductions taking impact from April 2013.Following the spending assessment, the current tariff level of 41.3p per kWh remains the exact same, having said that there were hints that this may perhaps be reduced sooner than anticipated. It was announced that future tariff reviews could be brought forward if there was a 'higher than expected deployment' of solar PV across the UK. What this indicates is if lots of people rush to install solar panels in the subsequent year then the Government may perhaps look at lowering the Feed-In Tariff prior to its scheduled evaluation in April 2012. As of but it remains to be observed what figures would constitute a 'higher than anticipated deployment.'So what does this imply for people today who are considering of installing solar panels? For those who have already had their solar panels installed,[url=http://www.belstaffshop.com/topichtml/Chaquetas-belstaff.html]Chaquetas belstaff[/url], they will not be affected by future reductions. This is since once a solar PV technique has been installed and commissioned, it is locked into the tariff level present at that time and guaranteed for 25 years. For those who are pondering about investing in solar panels now, it would be sensible to have them installed sooner rather than later in order to advantage from the highest level of tariffs. This is very good news for installers
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