The UK’s renewable energy industry today offered a cautious welcome to the announcement of the final version of the government’s Clean Energy Cashback, arguing that it will provide a boost to domestic energy generation but still does not go far enough to support businesses keen to install renewable energy systems.

The Department of Energy and Climate Change (DECC) today announced the so-called feed-in tariffs that will be available to businesses and households that install renewable energy systems from 1 April. Under the feed-in tariff scheme, households and businesses that install renewable energy systems will receive money from their energy supplier based on how much energy they generate, providing a further incentive to invest in technologies such as micro wind turbines and solar panels.

However, the level of the tariffs has been seen as central to the success of the scheme, with renewable energy firms and NGOs arguing that the government’s proposals to ensure the tariffs offer no more than a five to eight per cent return on investment are not ambitious enough to drive widespread uptake of onsite renewable energy technologies, particularly among businesses.

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