|Feed in tariff details in the UK for your solar panels|
Depending on your viewpoint the Feed in tariff has either been a huge success leading to large numbers of solar installations to help our CO2 reduction targets and massively cutting the price of solar power or an expensive scheme that has been abused by large players to make money at the expense of all consumers who effectively pay for FITs through a levy on electricity bills.
What is not in dispute is the drop in the costs of installation since 2010. It was common for a 4kWp solar pv system to cost up to £20,000 at the time and as of May 2012 this can cost as little as £7000 now. Putting the cuts in the feed in tariff in context these current prices still give a better return than the original rate with the higher prices.