PVs - new feed-in tariffs announced
New feed-in tariffs for those who sell electricity produced from photovoltaic units (PVs) were unveiled by the Finance Minister in this evening's Budget speech.
He said that where assistance was not being given for capital outlay the feed-in tariffs were being changed as follows:
Installation of less than 1MW on the roof: 18c/kWh for 20 years.
Installation of less than 1MW on the ground: 17c/kWh for 20 years.
Installation of more than 1MW on roofs: 17c/kWh for 20 years
Installation of more than 1MW on the ground: 16c/kWh for 20 years.
The feed-in tariffs to date had been higher, but applied only for eight years.
The tariff for PVs in Gozo is 1c higher.
There will be a new rate for those who cannot install PV panels on their roof and will, therefore, participate in a common system.
Mr Fenech said that the scheme which gives back up to 40 per cent of spending on solar heaters, up to €400, is being extended.
The 15.25 per cent refund scheme on investment in double glazing and roof insulation will also be extended.
7 Comments
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Frans van Avendonk
Nov 28th 2012, 21:06
Is he also committing himself that the tariff of Enemalta for consumption will be lower than that? If not in a few years time one would sell at 17 and buy at let say 22, not a very good proposal. It would be better to commit to a rate a certain percentage over the Enemalta rate for a long term contract.
Lino Busuttil
Nov 28th 2012, 21:06
Not a good measure, people want more initiatives not less to invest in these expensive units. It Would have been a good idea to assure cheapest price of the panels from the suppliers making sure they are not taking advantage of the rebates themselves rather than passing the benefit to the buyer.
Jes Farrugia
Nov 29th 2012, 07:20
Agree with you 100%
Jien wiehed min dawk li ghamilt din is-sistema fejn hallast madwar 7 elef euro u hadt 3 elef euro lura min ghand il-gvern. Meta ftit xhur wara li ghamilt din is-sitema l-gvern nehha s-sussidju l-prezz ta l-istess panelli nizel ghal madwar 4 elef euro. Mela s-sussidju flok gawdewh il-familji Maltin spicca ghand ftit agenti li jgibu dawn il-panelli!!
Joseph Agius
Nov 28th 2012, 20:49
What about subsidy? is it being retained ?
Daniel Borg
Nov 28th 2012, 20:20
What the hell? Are we supposed to promote green energy?
Joseph Sant
Nov 28th 2012, 20:16
Does this mean that whoever is already getting 25c per unit sold will remain as is ? This only applies for new contracts?
Pauline Zarb
Nov 28th 2012, 19:57
A green measure which also benefits families! :) :) :) :)
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