(From The Independent)
The Government has been accused of trying to kill off Britain’s solar energy industry just as it is about to become one of the cheapest suppliers of electricity – with no need for any kind of state subsidy.
In fact, according to the Government’s own projections, only onshore windfarms could provide cheaper power within the next decade or so – and the Conservatives pledged in the party’s election manifesto to “halt their spread”.
Amid ongoing concern about rising energy prices, the industry expressed disbelief that the Treasury is about to impose a swingeing business tax on firms with rooftop solar schemes, which could increase the bill by up to eight times. Domestic installations could also be hit by a VAT increase from five to 20 per cent.