Renewables/Energy Transition

Proposed solar panel subsidy cuts ‘threaten tens of thousands of jobs’

Government plans to slash subsidies for solar panels on homes could cost more than 20,000 jobs, green campaigners have claimed. Ministers have announced proposals to cut the amount paid for domestic solar arrays from 12.47p per kilowatt hour to 1.63p for new systems from January 2016 - a fall of 87%. The plans could mean almost a million renewable installations will be prevented from going ahead over the next five years, according to the Government’s impact assessment of the move.