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PV has been an approved technology under the Green Deal for a while. But how the Golden Rule applies to it or how FiTs payments might be affected has not been explained.
I'm under the impression that it had to pay for itself under the golden rule excluding FIT payments - ie from on site savings alone, BUT that it may be acceptable to work it into a package of measures that combine to meet the golden rule OR the customer can top the green deal money up proportionally so that the bit that could meet the green deal golden rule was funded through green deal.PV has been an approved technology under the Green Deal for a while. But how the Golden Rule applies to it or how FiTs payments might be affected has not been explained.
I don't see why. Green deal is a commercial loan made at commercial rates, it's got precisely zero public funded / state aid element to it, so I'd think decc were talking out of their backsides as per usual.There was a Q & A session with DECC Green Deal team in December which clearly said that if pv made up part of the green deal package then you wouldn't qualify to get feed in tariff, but there's been no clarification since then and given how frequently they change their mind and how the prices for pv have changed in the last 6 months it could be a whole different ball game by the time Green Deal is introduced.
If grid parity is achieved in the next couple of years and Green Deal ever does get off the ground in a sensible way then pv could be a key player and the door could be openend to loads more customers, but it's a long time to wait and who knows what will happen.
As Ted says we're 5 months from launch with no clarity about anything related to Green Deal, but with the Fits fiasco should we be surprised!!
Ed Davey is on the Politics Show today at 12 if you can bear to watch it!
the loan's still being made at commercial rates, so shouldn't class as state aid.That's not quite right. DECC have said they would add £200 million to the pot to kick start GD by making deals sweeter (subsidised finance % maybe) for early adopters.
There is also the £1.3 billion a year for ECO that will be funded via energy bills.
please let this not be true.More likely Gemserv, I think.