A proposed rise in the Feed-in Tariff (FIT) rate for microCHP has been broadly welcomed by industry representatives.
In a written ministerial statement by Edward Davey on reforming the Feed-in Tariff scheme, issued today (9 February 2012), the microCHP tariff rises from, currently, 10.5p a kilowatt hour to 12.5p. The industry asked for 15p a kilowatt hour.
Graham Meeks, Director of the CHPA said: “The Government has recognised that 10.5p a kilowatt hour is not enough to drive growth, so the proposal to increase to 12.5p is a welcome step in the right direction.
à‚ With cost-control the reason for this review, an increase the tariff for microCHP is a real vote of confidence in the potential of this technology. This consultation is a platform from which to discuss with Government whether the proposed rate is enough to deliver the wholesale expansion we all want to see.”
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