Analysis

Good Energy responds to energy subsidies announcement

28th August 2015
Jordan Mulcare
0

Good Energy responds to the government announcement on energy subsidies. Juliet Davenport, Chief Executive, Good Energy, said: "The proposed cuts mean that installing solar panels at home will no longer be attractive to British families."

"The Feed in Tariff has transformed the way the UK generates its power over the last three years, with over 22% of the UK's power coming from renewables in the early part of 2015, and over 700,000 homes generating their own power. It's helped to take us away from the old-fashioned fossil fuel companies to a cleaner, local, more democratic system."

"We hope the government will re-think the value that renewables bring to the market, if you do the calculations you'll see that solar actually brings down wholesale prices of energy. China and Germany are leading the way in investing in renewables, and we hope that the recent announcements by government don't see the UK fall behind again."

"It's also going to put the brakes on innovation in the battery storage market, a game-changing technology which would enable households to store their own electricity."

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