The Government are proposing to make drastic
changes to the feed-in -tariff subsidies to the renewable energy
industry. The announcement about these proposed changes has sent
shock waves through the renewable energy industry and particularly
the solar industry. The impact of the proposed changes if they are
not changed as a result of the responses to the consultation will
be devastating to the solar industry and community energy.
Sustainable Crediton's response can be read
here. Thanks to Molly Scott-Cato Green Party MEP for allowing
her response to be used as a basis for our response. Also to the
Solar Trade Association and Community Energy England for providing
detailed reports to include as evidence of the potential impacts on
the trade and community energy.
You have until 23rd October at 11:45pm to
respond. There are a variety of ways to respond:
Via Greenpeace website (easy)
Via 38 Degrees website (easy)
Via the Government's website for the full
The full consultation document
Or email your comments directly to FITreview@decc.gsi.gov.uk
The Treasury has just stated that community
energy projects will be excluded from the Enterprise Investment
Scheme (EIS)/Seed Enterprise Investment Scheme (SEIS) from 30
November 2015. They have further stated that community energy
schemes will be excluded from Social Investment Tax Relief (SITR),
reversing the governments' previous statement in March 2015.
These announcements mean that community energy organisations which
benefit from subsidies for the generation of renewable energy will
no longer be eligible for any tax-advantaged investment for
investment made on or after 30 November 2015.
This announcement is a further nail in
community energy's coffin.