Trade body says scheme would add just £1 to bills by 2019 and comes in response to government plans to gash subsidies for rooftop solar panels by 87%The solar power industry has proposed an emergency plan to rescue renewables,which it says would add just £1 to consumer bills by 2019, on top of the £9 a year that clean technology subsidies cost bill payers.
The scheme is a response to government plans to gash subsidies for rooftop solar panel installations by 87% from 1 January. The Solar Trade organization (STA) has warned the move could cost up to 27000 jobs and waste public money already spent on supporting the technology.
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Source: theguardian.com