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INTL: The UK Government decreased the grants for Solar Panels

date: 2007-05-10
by: venetsian

Yesterday the UK government officially announced that they are decreasing the grants offered for homeowners that buy new solar panel systems from 15,000 Pounds to 2,500 pounds which will dramatically decrease the number of new solar panel systems deployed all over the UK.

"This decision will place renewable electricity beyond the reach of all but the wealthiest households" said REA‘s chief executive Philip Wolfe.

A department spokesman said: "We believe that the current grant level will provide a useful contribution to the continued growth of the Photovoltaic System market."...

Fortunately for us the US Government with initiation to President Bush is boosting grants for solar panel systems and soon the new prices will be announced. We can not do anything but enjoy the benefits that we get!


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