PV Installation Figures Increase

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Latest figures released from DECC suggest that PV installs have recovered from the confusion caused by the changes to the FITs rates. The figures below suggest very similar rates of weekly installation rates as this time last year as the table below shows. Lothian Renewables have over the past few weeks seen an increase in confirmed installations and speaking to suppliers to the industry this seems the situation all over. The 21p tariff rate combined with the reduction in component prices and the continuing global financial uncertainty  has resulted in many customers concluding that solar PV is a sound investment to make. The 21p rate is guaranteed for installations completed before 31 July 2012 ans is payable for 25yrs and index linked.

 

29-May-11

1978

27 May 2012

2,186

05-Jun-11

1701

03 June 2012

1,788

 

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