Hey there! Sign in to join this conversationNew here? Join for free
    • Community Assistant
    • Thread Starter
    Online

    21
    ReputationRep:
    B1300 - Feed-in Tariff Increase Bill 2017, The Hon. CatusStarbright MP, The Hon. Saunders16 MP




    Feed-in Tariff Increase Bill 2017

    An Act to increase the feed-in tariff rates to encourage households and businesses to generate their own electricity e.g. by use of solar panels or wind turbines.




    BE IT ENACTED by The Queen's most Excellent Majesty, by and with the advice and consent of the Commons in this present Parliament assembled, in accordance with the provisions of the Parliament Acts 1911 and 1949, and by the authority of the same, as follows:-

    1: Definitions

    (1) Feed-in tariff: a payment made to households or businesses generating their own electricity through the use of methods that do not contribute to the depletion of natural resources, proportional to the amount of power generated.

    2: Tariff Restoration and Adjustment

    (1) The feed-in tariff shall be restored to the levels detailed by the tariff table for 1 January 2016 to 14 January 2016 to promote the use of renewable energies, adjusted by inflation.

    (2) The adjusted tariff table will therefore read as follows:

    Spoiler:
    Show


    Description

    Total Installed Capacity (kW)

    Tariff (p/kWh)

    Standard Solar photovoltaic receiving the higher rate:

    0-4

    12.58

    4-50

    11.39

    50-150

    9.71

    150-250

    9.29

    Standard solar photovoltaic receiving the middle rate:

    0-4

    11.32

    4-50

    10.26

    50-150

    8.74

    150-250

    8.36

    Standard solar photovoltaic receiving the lower rate:

    0-4

    5.99

    4-50

    5.99

    50-150

    5.99

    150-250

    5.99

    Standard large solar photovoltaic:

    250-5000

    5.99

    Stand-alone solar photovoltaic:

    0-5000

    3.22

    Anaerobic digestion:

    0-250

    9.65

    250-500

    8.90

    500-5000

    9.18

    Combined Heat and Power:

    0-2

    14.20

    Hydro:

    0-15

    16.35

    15-100

    15.27

    100-500

    12.07

    500-2000

    9.44

    2000-5000

    2.57

    Wind:

    0-100

    14.52

    100-500

    11.48

    500-1500

    6.23

    1500-5000

    2.63


    3: Commencement, Short Title, Extent and Conditions

    (1) This bill shall come into force upon Royal Assent.

    (2) This bill may be cited as the Feed-in Tariff Increase Bill 2017.

    (3) This bill extends to the United Kingdom.

    Spoiler:
    Show


    Notes

    In January 2016, the government dramatically cut the tariff rates (as you can see from browsing the tables here: https://www.ofgem.gov.uk/environmental-programmes/fit/fit-tariff-rates), which resulted in a drop in the number of solar panel installations in the UK, bankrupting several solar companies (as the Guardian reported in April 2016: https://www.theguardian.com/environment/2016/apr/08/solar-installation-in-british-homes-falls-by-three-quarters-after-subsidy-cuts).

    The cuts have meant that the payback time of such an installation is now much higher, making it far less attractive to homeowners and businesses. Re-increasing the tariff rates would again encourage people to generate their own renewable electricity, thereby suppling the National Grid and aiding the move towards renewable energy sources, which is important for reducing humanity’s impact on the planet.

    This adjustment is a restoration in real terms to the level of the tariffs for 1 January 2016 to 14 January 2016, given the taking into account of inflation (to allow for inflation the figures should be multiplied by 1.02, making 12.33p, for example, 12.58p.) and rounded to the nearest whole pence.


    • Wiki Support Team
    Offline

    21
    ReputationRep:
    I'm inclined to support this unless anyone can give me a good opposing view.
    • Political Ambassador
    Offline

    16
    ReputationRep:
    Aye, although while costing for this sort of thing is clearly difficult, an attempt to do so would be much appreciated.
    Offline

    19
    ReputationRep:
    I urge all members of the House to support this Bill. More renewables not only reduces the carbon footprint and help lessen future climate change, but it also means we are less dependent on non-UK sources for our energy, such as from countries with poor human rights records.
    Offline

    20
    ReputationRep:
    I would like to see costing. It shouldn't be too difficult since I don't think personal solar panels are particularly price-sensitive, so we can just assume an elasticity of 0 for simplicity.
    Offline

    18
    ReputationRep:
    (Original post by LifeIsFine)
    Aye, although while costing for this sort of things is clearly difficult, an attempt to do so would be much appreciated.
    Feed-in-tariffs aren't actually paid for by the government, they are paid by the energy suppliers who either absorb the cost or spread the cost by charging the consumer a little extra. See page two of this document: http://www.energ-group.com/media/240...lained_q_a.pdf It's horribly outdated, so the figures are not really accurate anymore, but you get the general idea.
    • Political Ambassador
    Offline

    19
    ReputationRep:
    A very easy Aye - very good bill.
    • Political Ambassador
    Offline

    15
    ReputationRep:
    aye
    • Community Assistant
    • Political Ambassador
    Online

    22
    ReputationRep:
    (Original post by Afcwimbledon2)
    A very easy Aye - very good bill.
    :ditto:
    • Community Assistant
    • Thread Starter
    Online

    21
    ReputationRep:
    This bill is in cessation.
    • Community Assistant
    • Thread Starter
    Online

    21
    ReputationRep:
    This bill has entered division.
 
 
 
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Updated: November 4, 2017
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    What newspaper do you read/prefer?
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.