The Supreme Court has over-ruled the Government's appeal over the higher Feed-In Tariff rate to consumers installing solar photovoltaic panels for the period between December 2011 and March 2012.
On the 23rd March 2012, the Supreme Court backed the High Court's decision to reject the Government's appeal to cut the Feed-In Tariff rate before March 2012.
This decision has finally come after a series of delays from the Government but it finally confirms that solar photovoltaic (PV) installations completed between 12th December 2011 and 4th March 2012 will receive the full 43.3p/kWh rate, not the 21p/kWh rate as proposed by the Government.
On the 25th January, BritishEco broke the news that the Government had confirmed they had lodged an appeal to the Supreme Court, we mentioned we would be prepared to offer a 10% discount on all installations if they had won the appeal and the FIT rate had dropped to 21p/kWh.
However, the news today will undoubtably come as a big relief to all of those concerned and will be happy to know anyone who installed a solar PV system in this period will receive 43.3p/kWh guaranteed for 25 years.