New Solar Installation Risk!

As warned yesterday, the government’s Chris Huhne today released a statement indicating that an appeal would be sought. The following paragraph from his statement highlights the uncertainties and risks of a solar installation after the December 12th 2011 cut off date.

“Yesterday, the Court of Appeal handed down a negative judgment on the Government’s appeal against an earlier decision by the High Court. We respectfully disagree with the judgment and are seeking permission to appeal to the Supreme Court. In the light of that, we cannot rule out the possibility that lower tariffs could be applied to installations which became eligible for FITs on or after the proposed reference date. It is important that consumers are aware of this.”

The Energy Secretary of State’s full statement by can be read here.