ebee:
Nice one Broadage.
It always worried me with FITS that the initial batch of companies would fade away after a few years and all guarantees worthless.
Maybe I`m just a cynic. I do not trust Governments (including our own, of any persuasion)
And you'd be right. Many of the installers did go bust.
The government completely bungled the FIT scheme. It was supposed to give us a successful UK solar industry. But instead of tapering off the FIT subsidies slowly over a number of years, they cut it in big steps. Every time the FIT was cut, all the customers disappeared until the falling price of solar panels made it viable again. This produced a boom-and-bust cycle, and most of the installers didn't survive.
ebee:
Nice one Broadage.
It always worried me with FITS that the initial batch of companies would fade away after a few years and all guarantees worthless.
Maybe I`m just a cynic. I do not trust Governments (including our own, of any persuasion)
And you'd be right. Many of the installers did go bust.
The government completely bungled the FIT scheme. It was supposed to give us a successful UK solar industry. But instead of tapering off the FIT subsidies slowly over a number of years, they cut it in big steps. Every time the FIT was cut, all the customers disappeared until the falling price of solar panels made it viable again. This produced a boom-and-bust cycle, and most of the installers didn't survive.
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