News Article
Failure Of Government Appeal Creates Solar Gold Rush
Burnley solar panel company Solarlec is experiencing a gold rush after the government lost its second appeal to reduce subsidies paid to consumers. The Court of Appeal ruled that the government acted unlawfully by attempting to reduce the feed-in tariff ahead of the original April deadline.
This has left consumers with a possible window of opportunity to take advantage of cheaper panel prices, as the feed-in tariff may remain at its highest ever rate, before it is halved on 3 March. Consumers who buy now will potentially secure the high rate for 25 years. The government will launch a third appeal with the Supreme Court, but insiders predict it will be unsuccessful.
Ged Rowbottom, director at Solarlec, said: "Right now there is an unbelievable opportunity to take advantage of the fantastic deals on panels and have the potential of receiving the higher subsidiary.
Insiders predict the tariff rate will drop further on 31 March.
Solarlec has announced capacity to complete 150 installations up to the 3rd March deadline.
Ged added: "Orders are coming in thick and fast following the failure of the government appeal last week "“ we advise homeowners and businesses to buy now to avoid disappointment. We expect to be able to complete all orders placed before the end of next week prior to the 3 March deadline."
