The UK’s renewable industry has welcomed the announcement by Energy Secretary Ed Davey not to go ahead with scheduled reduction in solar tariffs which would have badly hit the solar PV sector.

Solar does not only protect homeowners from rising energy bills, but it also delivers a great return on investment. The cost of solar power has been coming down faster than any other energy generation technology, the Renewable Energy Association confirmed.

Commenting on the decision to help the renewable industry, Energy Minister Greg Barker said the Government is “listening carefully to industry” and that this delay gives industry the opportunity to reignite the solar market and grow further.

“It is very encouraging for the future that Government is listening to industry concerns, but we need certainty as soon as possible on the details of when and what the next tariff adjustments will be.”- Chief Executive of the Solar Trade Association (STA), Paul Barwell, said.

Juliet Davenport, Founder and CEO of Good Energy which is the UK’s only 100% renewable electricity supplier commented that solar is a great opportunity for the generation of renewable energy and a powerful way of giving households greater control over their energy bills.

Ms Davenport said: “Already we’re seeing how solar makes a natural partner for more intermittent forms of renewable generation, like wind. That’s going to become more and more important in years to come, and it’s time to invest today for the energy market of tomorrow.”

What’s your reaction to the announcement by Energy Secretary Ed Davey not to go ahead with scheduled reduction in solar tariffs which will help the renewable industry? Share your thoughts by leaving a comment below: