Solar chiefs threaten legal action

Posted by Financial Times: Pilita Clark and Jim Pickard on October 31st, 2011
Financial Times: Solar company executives have condemned the “nightmare” announcement of government plans to halve subsidies for household solar panels, threatening legal action against a step they claim would destroy the industry. In a move first revealed in the Financial Times, Greg Barker, climate change minister, said the highest subsidy paid to people with small solar power systems would be cut from 43.3p per kilowatt hour to 21p per kWh from December 12, subject to a consultation period ending 11 days later......

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